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What to Look for When American Airlines (AAL) Reports Q3 Results

NEW YORK (TheStreet) -- Shares of American Airlines (AAL) were gaining in early-afternoon trading on Tuesday as the company is expected to report its 2016 fiscal third quarter earnings before Thursday's opening bell.

Analysts surveyed by FactSet forecast adjusted earnings of $1.69 per share and $10.53 billion in revenue.

In 2015, the Fort Worth-based airline posted earnings of $2.77 per diluted share on revenue of $10.71 billion for the third quarter.

American Airlines last week said it expects unit revenue...