Earnings Preview: AMR Corp Reports Q3 Results Wednesday

| About: American Airlines (AAL)

AMR Corporation (AMR) is due to report earnings before the opening bell on October 19, 2011.

AMR trades an average of 16.6 million shares per day.

AMR Corporation operates in the airline industry. The company was founded in 1934 and is headquartered in Fort Worth, Texas.

52-Week High: $8.98
52-Week Low: $1.75
Book Value: $-13.45
Float Short: 20.96%

Analysts are expecting an improvement of $0.46 in earnings per share compared to last quarter's results of $-0.85. The estimated mean earnings are $-0.39 per share. Analyst estimates range between $-0.68 and $-0.25 per share.

What a rough ride for investors. I pulled up the monthly chart, and we are near the lows of the last 10 years. Hopefully the last few days of buying will continue. AMR traded under $2.00 just a few days ago, and those smart enough to be buying have been rewarded with about a 50% gain. For everyone else, it's a crash landing.

The stock has fallen in price -16.62%, with a one-year change of -53.09%. Compared to the S&P 500, the year-to-date difference is -60.30%.

The company has rising revenue year-over-year of $22.17 billion for 2010 vs. $19.92 billion for 2009. The bottom line has rising earnings year-over-year of $-471.00 million for 2010 vs. $-1.47 billion for 2009. The company's earnings before income and taxes are rising, with an EBIT year-over-year of $308.00 million for 2010 vs. $-1.00 billion for 2009.

paid2trade.com revenue gross bar chart for AMR

Gross reported revenue compared to the mean estimate (rounded).

Fiscal Quarter Ending Month-Year Revenue Estimates Actual $ Difference Difference %
Jun-11 $ 6.13 B $ 6.11 B $ -19.85 M -0.32%
Mar-11 $ 5.49 B $ 5.53 B $ 46.61 M 0.85%
Dec-10 $ 5.56 B $ 5.59 B $ 29.04 M 0.52%
Sep-10 $ 5.83 B $ 5.84 B $ 9.49 M 0.16%
Jun-10 $ 5.68 B $ 5.67 B $ -6.84 M -0.12%
M = millions, B = billions
Differences are rounded.
Some one-time items are often excluded in reported EPS.

Reported earnings per share compared to the mean estimate. Differences are rounded.

I use a proprietary blend of technical analysis, financial crowd behavior, and fundamentals in my short-term trades, and while not totally the same in longer swing trades to investments, the concepts used are similar. You may want to use this article as a starting point of your own research with your financial planner. I use Seeking Alpha, Edgar Online, and Yahoo Finance for most of my data. I use the confirmed symbols from earnings.com that I believe to be of the most interest.

Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in AMR over the next 72 hours.