Earnings from Airline Stocks at a Glance (AMR, DAL, JBLU, LUV)

AMR Corporation (NYSE:AMR) added 2.49% to $7.42. The company on Wednesday posted its first quarterly profit since the third quarter of 2007. The company posted a quarterly profit of $143 million, or 39 cents per share. Wall Street had expected the company to earn 32 cents, according to Thomson Reuters. The stock went down more than 4% year-to-date. Delta Air Lines, Inc. (NYSE:DAL) dropped 2.59% to $13.18. This week, the company said it earned $363 million, or 43 cents a share, a reversal from a loss of $161 million, or 19 cents a share, in the year-ago third quarter. Analysts polled by FactSet Research had been looking for quarterly earnings of 93 cents a share, on average. Over the past 52-week, the stock had traded within the range of $6.78-$14.94. At Friday`s closing market price, the market capitalization of the company stood at $10.40 billion. JetBlue Airways Corporation (NASDAQ:JBLU) rose 3.32% and closed at $6.84. The company said Thursday its third-quarter earnings nearly quadrupled to $59 million, or 18 cents a share, from $15 million, or 5 cents a share, in the year-ago period. Analysts polled by FactSet Research expected a profit of 19 cents a share, on average. Over the past 52-week, the stock had traded within the range of $4.64-$7.24. The stock made its fresh 52-week high of $7.24. Southwest Airlines Co. (NYSE:LUV) lost 1.10% to $13.47. The company said Thursday that it swung to a third-quarter profit of $205 million, or 27 cents a share, compared to a year-ago loss of $16 million, or 2 cents a share. Analysts polled by FactSet Research were looking for earnings of 25 cents a share, on average.
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