Here's Why Investors Should Avoid American Airlines (AAL) Now
AAG(AAL) ZACKS·2024-08-12 20:06
American Airlines’ (AAL) financial stability is increasingly jeopardized by high operating expenses and low liquidity. Elevated costs, including labor, fuel, and repairs and maintenance, further strain the company’s bottom line. Also, low liquidity impedes its ability to meet obligations, making it an unattractive choice for investors’ portfolios.Let’s delve deeper.Southward Earnings Estimate Revision: The Zacks Consensus Estimate for current-quarter earnings has been revised 79% downward over the past 90 d ...