A Boeing 787-8 Dreamliner from United Airlines lands at Barcelona airport in Barcelona, Spain, on ... [+] October 15, 2024. (Photo by Joan Valls/Urbanandsport /NurPhoto via Getty Images) — (Photo by Urbanandsport/NurPhoto via Getty Images)NurPhoto via Getty ImagesUnited Airlines stock (NASDAQ: UAL) recently reported its Q3 results, with revenues aligning and earnings exceeding our estimates. The company reported revenue of $14.8 billion and adjusted earnings of $3.33 per share, compared to our estimates of ...

The market was piling into the company, even though it just reported a notable slide in profitability. Times are frothy for the travel industry these days, so it wasn't exactly surprising to hear good news coming from top American carrier United Airlines (UAL 1.83%) several days ago. On the back of a strong quarterly earnings report and a subsequent clutch of analyst price target raises, the company's shares experienced quite a lift. According to data compiled by S&P Global Market Intelligence, they were up ...

United Airlines UAL reported better-than-expected third-quarter financial results and announced a $1.5 billion buyback program, after the closing bell on Tuesday. United Airlines reported third-quarter revenue of $14.843 billion, beating the consensus estimate of $14.783 billion, according to Benzinga Pro. The airline company reported adjusted earnings of $3.33 per share, beating analyst estimates of $3.13 per share. "As predicted, unproductive capacity left the market in mid-August, and we saw a clear infl ...

Key Takeaways United Airlines shares could remain in focus on Thursday after soaring to their highest level in more than four years today following the full-service carrier topping quarterly estimates. The stock has trended higher since breaking out from a 21-month trading range last month and with the shares on track to record their highest weekly volume since mid-July, indicating strong buying conviction. Investors should monitor key resistance levels on United's chart around $79 and $94, while also watch ...

Key Takeaways The S&P 500 added 0.5% on Wednesday, Oct. 16, 2024, driven by upbeat earnings reports and a rebound among semiconductor stocks. United Airlines shares took off after the company topped quarterly estimates and announced a $1.5 billion share buyback plan. Shares of KLA and Applied Materials extended losses following a disappointing outlook from semiconductor equipment peer ASML. Major U.S. indexes gained ground Wednesday as investors reacted to strong earnings reports and semiconductor stocks bo ...

Key Takeaways United Airlines was the best-performing stock in the S&P 500 on Wednesday, gaining 12% and trading at its highest level since February 2020, when the spread of Covid-19 first began to rattle travel stocks. United executives said the U.S. airline industry had reached an "inflection point," and forecast yields and margins would improve next year. Business travel, executives said, has continued to recover from its pandemic slump, helping to push U.S. airport traffic to record highs. United Airlin ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to | --- | --- | --- | --- | --- | --- | --- | |--------------------------------------|-------------------------------------------------------------------- ...

United Airlines Holdings, Inc. (UAL) reported third-quarter 2024 earnings per share (EPS) (excluding 43 cents from non-recurring items) of $3.33, which surpassed the Zacks Consensus Estimate of $3.10. Earnings decreased 8.8% on a year-over-year basis. Find the latest EPS estimates and surprises on ZacksEarnings Calendar. Operating revenues of $14.84 billion beat the Zacks Consensus Estimate of $14.76 billion. The top line increased 2.5% year over year due to upbeat air-travel demand. This was driven by a 1. ...

United Airlines Holdings, Inc. (NASDAQ:UAL) Q3 2024 Earnings Conference Call October 16, 2024 10:30 AM ET Company Participants Kristina Edwards - Managing Director of IR Scott Kirby - CEO Brett Hart - President Linda Jojo - Executive Vice President and Chief Customer Officer Andrew Nocella - Executive Vice President and Chief Commercial Officer Mike Leskinen - Executive Vice President and Chief Financial Officer Conference Call Participants Conor Cunningham - Melius Research David Vernon - Bernstein Andrew ...

A solid beat and raise was accompanied by a buyback announcement. Shares of major airline United Airlines (UAL 13.24%) rallied 13.2% on Wednesday as of 2 p.m. ET. United reported third-quarter earnings last night. Not only did those earnings surprise to the upside, but management also made news by announcing the company's first buyback plan since before the pandemic. Kissing COVID goodbye In the third quarter, United delivered $14.8 billion in revenue, up 2.5% from the past year, with non-GAAP (adjusted) ea ...