United Airlines (UAL) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this airline have returned +11.5% over the past month versus the Zacks S&P 500 composite's -3% change. The Zacks Transportation - Airline industry, to which United belongs, has lost 5.4% over this period. Now the key question is: Where could the stock be headed in the near term?Although media reports ...

We recently wrote Japan’s Lost Decades to appreciate better why Japan’s GDP is smaller than it was in 1995 and why it took 35 years for its stock market to set its recent record high.Many pundits claim the U.S. is following Japan’s path. The path includes a stagnant economy, massive government debt, and a central bank that must dominate financial markets to keep the economy and financial markets afloat. There is merit to that opinion. The U.S. government has excessive debt and is increasingly negligent i ...

United Airlines increased both its capacity and the amount of passenger travel during the quarter ended March 31.The airline also expects to see another summer of record travel this year, executives said Wednesday (April 17) during United Airlines’ quarterly earnings call.Compared to the same quarter last year, the number of revenue passengers was up 6.8%, the number of scheduled miles flown by revenue passengers was up 9.3% and the number of seats available for passengers multiplied by the number of schedu ...

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES, USE OF PROCEEDS, AND ISSUER PURCHASES OF EQUITY SECURITIES (a) On April 14, 2024, United Airlines, Inc. entered into a confidential agreement with Boeing to accommodate certification delays for the Boeing 737 MAX 10 aircraft (the "Boeing 737 Max 10 Agreement"). The compensation provided by Boeing in connection with rescheduling deliveries is in the form of credit memos for use on future purchases from Boeing. The Company plans to account for these arrangement ...

United Airlines Holdings, Inc. (NASDAQ:UAL) Q1 2024 Results Conference Call April 17, 2024 10:30 AM ET Company Participants Kristina Edwards - Managing Director, IR Scott Kirby - Chief Executive Officer Brett Hart - President Andrew Nocella - Executive Vice President and Chief Commercial Officer Mike Leskinen - Executive Vice President and Chief Financial Officer Conference Call Participants Andrew Didora - Bank of America Sheila Kahyaoglu - Jefferies Conor Cunningham - Melius Research Jamie Baker - JPMorga ...

United Airlines Holdings, Inc. (UAL) reported first-quarter 2024 loss per share (excluding 23 cents from non-recurring items) of 15 cents, which was narrower than the Zacks Consensus Estimate loss of 53 cents. In the year-ago reported quarter, UAL reported a loss of 63 cents per share.Operating revenues of $12,539 million beat the Zacks Consensus Estimate of $12,428.4 million. The top line increased 9.7% year over year due to upbeat air-travel demand. This was driven by a 10.1% rise in passenger revenues (w ...

Storms and heavy rain have caused flooding in some Gulf states, leading to the Tuesday closure of Dubai's airport — one of the busiest in the world.The United Arab Emirates, usually known for its hot and sunny weather, reportedly saw over 100 mm of rain in a 24-hour period, marking a 75-year record since the country began logging rainfall.The local government also issued a red warning and shuttered offices, school and banks. The storms hit other parts of the Middle East, with at least 19 dead in Oman due to ...

Key TakeawaysUnited Airlines shares jumped more than 5% in extended trading Tuesday evening after the airline topped analysts' quarterly forecasts and issued better-than-expected current-quarter earnings guidance.CEO Scott Kirby said the carrier has adjusted its fleet to better reflect deliveries from manufacturers.Monitor if the United Airlines share price can close above the top trendline of a rising wedge pattern around $43.85. United Airlines (UAL) climbed more than 5% in extended trading on Tuesday aft ...

United Airlines (UAL) reported $12.54 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 9.7%. EPS of -$0.15 for the same period compares to -$0.63 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $12.43 billion, representing a surprise of +0.89%. The company delivered an EPS surprise of +71.70%, with the consensus EPS estimate being -$0.53.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings - ...

United Airlines (UAL) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of a loss of $0.53. This compares to loss of $0.63 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 71.70%. A quarter ago, it was expected that this airline would post earnings of $1.61 per share when it actually produced earnings of $2, delivering a surprise of 24.22%.Over the last four quarters, the company has surpasse ...