American Airlines: Q3 Earnings Snapshot

FORT WORTH, Texas (AP) — FORT WORTH, Texas (AP) — American Airlines Group Inc. (AAL) on Thursday reported a loss of $269 million in its third quarter.

The Fort Worth, Texas-based company said it had a loss of 41 cents per share. Losses, adjusted for non-recurring costs, were 28 cents per share.

The results met Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was also for a loss of 28 cents per share.

The world's largest airline posted revenue of $16.34 billion in the period, which beat Street forecasts. Six analysts surveyed by Zacks expected $16.2 billion.

For the current quarter ending in December, American Airlines expects its results to range from a loss of $1.10 per share to a loss of 50 cents per share.

The company expects full-year results to range from a loss of $1.60 per share to a loss of $1 per share.

American Airlines shares have decreased 20% since the beginning of the year. The stock has fallen roughly 1% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AAL at https://www.zacks.com/ap/AAL