American Airlines swings to a loss, but tops estimates for Q2 forecast
by CNBC
CNBC— American Airlines swung to a loss in the first quarter, but its forecast for the current period surpassed analysts' estimates.
Yahoo Finance—Gilead Sciences (GILD) Reports Q1 Loss, Tops Revenue Estimates. Gilead (GILD) delivered earnings and revenue surprises of 11.41% and 5.59%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Yahoo Finance—Spirit Airlines forecasts weak Q2 revenue on slow growth in domestic demand. The airline is among the most heavily impacted by issues with RTX's Pratt & Whitney Geared Turbofan engines, which have forced it to ground multiple aircraft and resulted in high labor expenses and reduced capacity. The carrier estimates it will average about 25 grounded aircraft throughout 2024, while competitors expand their capacity in Spirit Airlines' core markets such as Florida. "While the domestic environment is improving, to date it has improved at a slower rate than the company had...
CNBC—Ford tops first-quarter earnings estimates as commercial unit offsets EV losses. DETROIT — Sales of Ford Motor 's trucks and other commercial vehicles led the automaker to beat Wall Street's earnings estimates during the...