Below, we present all comparisons (in % terms) with the second quarter of 2023 figures unless otherwise stated. Outlook So far this year, shares of United Airlines have gained 15.3%, outperforming the industry's decline of 12.7%. Operating revenues of $14.98 billion missed the Zacks Consensus Estimate of $15.13 billion. The top line increased 5.7% year over year due to upbeat air-travel demand. This was driven by a 5.2% rise in passenger revenues (which accounted for 91.2% of the top line) to $13.680 billio ...

With a forward price-to-earnings ratio of 4.6x, United Airlines appears to be inexpensive. This figure ranks at the 2nd percentile among United States industrial companies and sits below both Delta and American. Some justification for this is the firm's sky-high long-term debt-to-equity ratio of 328%. While U.S. Global Jets ETF currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys. Get This Free Report | --- | --- | |----------------------|-------| | | | ...

For the quarter ended June 2024, United Airlines (UAL) reported revenue of $14.99 billion, up 5.7% over the same period last year. EPS came in at $4.14, compared to $5.03 in the year-ago quarter. The reported revenue represents a surprise of -0.98% over the Zacks Consensus Estimate of $15.13 billion. With the consensus EPS estimate being $3.97, the EPS surprise was +4.28%. Here is how United performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street ana ...

Ahead of this earnings release, the estimate revisions trend for United: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. This quarterly report represents an earnings surprise of 4.28%. A quart ...

Earnings per share: $4.14 adjusted vs. $3.93 expected Revenue: $14.99 billion vs. $15.06 billion expected United and Delta Air Lines, which reported its results last week, have been standouts in the airline industry, where most carriers have been struggling with an increase in U.S. domestic capacity that has weighed on airfares.0 Here's what United reported for the second quarter compared with what Wall Street expected, based on average estimates compiled by LSEG: Revenue of $14.99 billion jumped 5.7% over ...

News Release Exhibit 99.1 United Airlines Worldwide Media Relations 872.825.8640 media.relations@united.com United Airlines Announces Second-Quarter 2024 Financial Results; Achieves 2Q EPS Expectations 2Q pre-tax margin expected to be among industry leaders, despite excess industry capacity in the domestic market Expect best unit revenue performance among large peers United's key revenue diversity advantages – Premium revenue, Basic Economy revenue and market share shift among domestic road warriors – gaine ...

The equity is on track for its best day since April United Airlines stock finished five of its past eight post-earnings sessions lower, including a 17.4% drop in April. The security averaged a 7.9% swing regardless of direction over the last two years, but this time around the options pits are pricing in a larger move of 10.8%. This bullishness has been prevalent in the options pits lately, per UAL's s 10-day call/put volume ratio of 5.64 over at the International Securities Exchange (ISE), Chicago Board Op ...

United Airlines (NASDAQ: UAL) will report its Q2 2024 results on Wednesday, July 17. We expect the company's revenues to come in at $15.2 billion and earnings to be $3.99 per share, aligning with the consensus estimates. The company should benefit from a buoyant travel demand. Not only do we expect United Airlines to post in-line results in Q2, we believe there is ample room for its stock to grow from its current levels of under $45. See our interactive dashboard analysis on United Airlines Earnings Preview ...

Wall Street analysts forecast that United Airlines (UAL) will report quarterly earnings of $3.99 per share in its upcoming release, pointing to a year-over-year decline of 20.7%. It is anticipated that revenues will amount to $15.16 billion, exhibiting an increase of 6.9% compared to the year-ago quarter. Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the ...

United Airlines (UAL) is scheduled to report second-quarter 2024 results on Jul 17, after market close. The Zacks Consensus Estimate for second-quarter 2024 earnings has been revised 0.25% downward in the past 60 days and is currently pegged at $4 per share. Additionally, the consensus mark implies a 20.5% decline from the year-ago actuals. The Zacks Consensus Estimate for second-quarter 2024 revenues is currently pegged at $15.2 billion, which indicates a 7.2% uptick from the year-ago actuals. Given this b ...