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American Airlines, Alaska Airlines set to report earnings on Thursday

 1 year ago
source link: https://finance.yahoo.com/video/american-airlines-alaska-airlines-set-210555576.html
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American Airlines, Alaska Airlines set to report earnings on Thursday

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cbbb0f20-4ff1-11ed-a77e-021ee327af43

American Airlines, Alaska Airlines set to report earnings on Thursday

Yahoo Finance's Dave Briggs discusses upcoming airline earnings to watch on Thursday.

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    American Airlines, Alaska Airlines set to report earnings on Thursday
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American Airlines, Alaska Airlines set to report earnings on Thursday

Thu, October 20, 2022, 6:05 AM

Yahoo Finance's Dave Briggs discusses upcoming airline earnings to watch on Thursday.

Video Transcript

DAVE BRIGGS: All right. We're watching the airline sector tomorrow. We'll be getting earnings from Alaska and American Airlines. The results come on the heels of very strong numbers in the last week from both Delta Airlines and United Airlines. Just last week, American raised its third quarter revenue guidance to a gain of 13% from 2019 levels. The expectation for Alaska-- earnings of $2.39 per share on revenue of $2.8 billion, a very strong sector despite prices up 8% month to month, more than 40% year-over-year, strong demand from both United and Delta.

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