{"id":397998,"date":"2021-01-30T10:15:57","date_gmt":"2021-01-30T04:45:57","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=397998"},"modified":"2021-01-30T10:15:57","modified_gmt":"2021-01-30T04:45:57","slug":"american-airlines-results-are-terrible-right-now-that-is-great-news","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/american-airlines-results-are-terrible-right-now-that-is-great-news\/","title":{"rendered":"American Airlines\u2019 results are terrible. Right now, that is great news"},"content":{"rendered":"<p>Right now, there may be no greater gift for a company than dismal finances.<\/p>\n<p>On Thursday, shares of American Airlines rose almost 30% at the open, reaching an 11-month high. American beat analysts\u2019 profit expectations for the final quarter of 2020: Earnings per share came in at a negative $3.86, whereas the median forecast had them at $4.11.<\/p>\n<p>But that doesn\u2019t explain the pop. What does is that the numbers were still really bad in absolute terms\u2014a $2.2 billion quarterly loss is one of the company\u2019s worst results ever\u2014justifying bearish Wall Street bets against it. In today\u2019s topsy-turvy market, this all but guarantees stock gains.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Right now, there may be no greater gift for a company than dismal finances. On Thursday, shares of American Airlines rose almost 30% at the open, reaching an 11-month high. American beat analysts\u2019 profit expectations for the final quarter of 2020: Earnings per share came in at a negative $3.86, whereas the median forecast had them at $4.11. But that doesn\u2019t explain the pop. What does is that the numbers were still really bad in absolute terms\u2014a $2.2 billion quarterly loss is one of the company\u2019s worst results ever\u2014justifying bearish Wall Street bets against it. In today\u2019s topsy-turvy market, this [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[188,139,130],"tags":[],"class_list":["post-397998","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/397998","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=397998"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/397998\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=397998"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=397998"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=397998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}