Here's Why You Should Invest in United Airlines (UAL) Stock

Core Viewpoint - United Airlines (UAL) is experiencing strong performance driven by robust air travel demand and effective fleet upgrades, leading to significant share price appreciation [5]. Group 1: Price Performance - UAL shares have risen 20.2% year to date, outperforming the industry growth of 13.5% [1]. - The Zacks Rank for UAL is 2 (Buy), indicating a solid investment position [2]. Group 2: Earnings Growth and Estimates - The Zacks Consensus Estimate for UAL's earnings per share has been revised upward by 0.8% for the current quarter and by 2% for the current year over the past 60 days, reflecting broker confidence [6]. - UAL reported a 9.7% year-over-year increase in operating revenues in Q1 2024, with passenger revenues rising 10.1% to $11.3 billion, accounting for 90.2% of total revenues [10]. Group 3: Passenger Growth - Approximately 39,325 passengers traveled on UAL flights in Q1 2024, marking a 6.8% increase year over year [10]. Group 4: Earnings Surprise History - UAL has a strong earnings surprise history, surpassing the Zacks Consensus Estimate in each of the trailing four quarters with an average surprise of 32.3% [14].