United Airlines (UAL) reported $13.63 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 9.9%. EPS of $2.00 for the same period compares to $2.46 a year ago.The reported revenue represents a surprise of +0.59% over the Zacks Consensus Estimate of $13.55 billion. With the consensus EPS estimate being $1.61, the EPS surprise was +24.22%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to det ...

United Airlines Holdings Inc (NASDAQ: UAL) is up 7.0% in extended hours on Monday even though it warned of a loss for the first three months of 2024.Why does UAL expect a loss in the first quarterCopy link to sectionThe air carrier now expects to lose between 35 cents and 85 cents in the first quarter related primarily to dozens of its planes that the FAA grounded following the Alaska Airlines incident on January 5th (read more). Four passengers are now suing Alaska Airlines and Boeing, alleging that the co ...

Shares of United Airlines Holdings Inc. rallied after hours on Monday after the airline forecast full-year profit that was better than expected, following a jump in sales for both its premium-cabin offerings and its cheaper basic economy fares. United said UAL, -0.95% it expected full-year adjusted earnings per share of between $9 and $11. That was above FactSet expectations for $9.53. ...

The shares of United Airlines Holdings Inc (NASDAQ:UAL) are up 1.2% to trade at $39.28 this morning, ahead of the airline company's fourth-quarter financial report, which is due out after the close today. Below,we will take a look at UAL's technical setup, some past post-earnings reactions, and explore some of the options activity surrounding the stock ahead of the event. On the charts, United Airlines stock has contented with pressure from its 80-day moving average for the last three sessions, after it pre ...

Last year was Denver International Airport's busiest on record.While airline stocks have yet to fully recover to pre-pandemic levels, passengers have returned in droves — and millions of them are flying through the Colorado hub."We will end 2023 much higher than our forecast at about 78 million passengers annually," said Phil Washington, CEO of the Denver International Airport. "So this has been tremendous growth."The airport, known as DIA to Colorado locals, opened in 1995. It was originally built to handl ...

Analysts on Wall Street project that United Airlines (UAL) will announce quarterly earnings of $1.61 per share in its forthcoming report, representing a decline of 34.6% year over year. Revenues are projected to reach $13.55 billion, increasing 9.3% from the same quarter last year.The current level reflects an upward revision of 23.8% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projecti ...

United Airlines (UAL) is scheduled to report fourth-quarter 2023 results on Jan 22 after market close.UAL has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in each of the preceding four quarters, the average beat being 16.49%.The Zacks Consensus Estimate for fourth-quarter 2023 earnings has been revised 31.2% downward over the last 90 days.Given this backdrop, let’s examine the factors likely to have influenced United Airlines’ performance in the to-be-reported quart ...

A United Airlines flight from Sarasota, Florida, had to make an emergency landing in the same state shortly after take-off, reportedly due to an open door light illuminating in mid-air.The emergency landing involved an Airbus A319, which landed safely around 4.35pm on Wednesday. The flight from Sarasota, Florida, was heading to Chicago, when the open door warning light reportedly came on, forcing pilots to reroute the plane carrying 123 passengers to the nearest airport.It landed at Tampa International Airp ...

A United Airlines Boeing 737 Max 9 aircraft lands at San Francisco International Airport on March 13, 2019 in Burlingame, California.United Airlines has found loose bolts on door plugs of several Boeing 737 Max 9 planes during inspections spurred when a panel of that type blew off an Alaska Airlines flight last week, according to a person familiar with the matter.United didn't immediately comment.The Federal Aviation Administration on Saturday grounded dozens of 737 Max 9s after the panel blew out midflight ...

Marvin Samuel Tolentino Pineda/iStock Editorial via Getty Images In the ever-changing landscape of the airline industry, United Airlines Holdings (NASDAQ:UAL) has been making notable strides, demonstrating resilience and strategic agility. The latest updates from United offer insights into how the airline is navigating current challenges and positioning itself for future growth. They also present some compelling reasons why the stock may be a good purchase for long-term investors at these levels. Data b ...