Full Analysis: American Airlines Second Quarter Earnings Signal Both Growth and Analyst Concerns

American Airlines announced their second quarter earnings late last week, beating analyst expectations with revenues of $11.1 billion and a diluted EPS excluding special items of $1.92 vs analyst expectations of revenues of $11.08 billion and an EPS of $1.87. Second quarter net profit fell 15 percent due to increases in fuel and labor costs. This along with a flat outlook in some markets and concern over short term pricing pushed the share price down after the earnings call. Though…