By Senad Karaahmetovic

Shares of American Airways (NASDAQ:) are down about 1.7% in premarket Wednesday after the provider reported preliminary revenue figures for the primary quarter.

The corporate mentioned it expects to report EPS between $0.01 and $0.05, higher than its steering that was calling for an roughly breakeven quarter. Nonetheless, analysts have been in search of the Q1 EPS of $0.07.

AAL mentioned it flew 65 billion complete accessible seat miles, a 9.2% improve in comparison with the year-ago interval and barely higher than its steering for +9%. Complete income per accessible seat mile (TRASM) is predicted to rise 25.5%, according to the steering.

“The Firm expects to finish the primary quarter with roughly $14.4 billion in complete accessible liquidity, comprised of money and short-term investments plus undrawn capability beneath revolving and different credit score services,” American added within the enterprise replace.

Price per accessible seat mile (CASM) can also be seen in-line with the steering (-1.5% YoY).