United Airlines Holdings, Inc. (UAL)
After hours:
| Previous close | 41.04 |
| Open | 40.80 |
| Bid | 41.43 x 200 |
| Ask | 41.59 x 300 |
| Day's range | 40.10 - 41.72 |
| 52-week range | 33.68 - 58.23 |
| Volume | |
| Avg. volume | 8,731,056 |
| Market cap | 13.645B |
| Beta (5Y monthly) | 1.54 |
| PE ratio (TTM) | 5.20 |
| EPS (TTM) | 7.98 |
| Earnings date | 16 Apr 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 07 Jan 2008 |
| 1y target est | 64.21 |
- Yahoo Finance Video
United posts Q1 beat, but expectations 'were pretty low'
United Airlines (UAL) reported better-than-expected first-quart results, beating estimates on both the top and bottom lines. The company posted revenue of $12.54 billion, exceeding the analyst estimate of $12.44 billion. On the bottom line, United reported an adjusted loss of $0.15 per share, outperforming the expected loss of $0.57 per share. To provide insights on the airline's performance, Third Bridge Global Sector Lead for Industrials, Materials and Energy Peter McNally joins Market Domination. McNally acknowledges that while United's earnings beat expectations, the expectations "were pretty low" in light of the "high-profile issues" the company faced during the quarter, including challenges with the Boeing (BA) 737 Max-9 fleet. However, he emphasizes that the key going forward will be United's outlook on capital expenditures and aircraft deliveries. McNally emphasizes the ongoing airplane shortage, as "Boeing's issues pre-date the pandemic" and Airbus cannot meet the entire industry's demand. As a result, he notes that United will be "pushing out capex" to secure the necessary aircraft to meet steady consumer travel demand. Looking ahead, McNally forecasts heightened scrutiny and oversight from the government and the Federal Aviation Administration, noting that "it's not making it any easier to be an airline these days." For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith
- Yahoo Finance Video
United Airlines stock rises on Q1 results, Q2 guidance
United Airlines (UAL) reported first quarter results that were better than Wall Street had expected. The airline posted an adjusted loss per share of $0.15. Analysts had been expecting a loss of $0.57. Operating revenue of $12.54 billion was better than the Bloomberg estimates of $12.44 billion. United's second quarter adjusted earnings per share guidance of $3.75-$4.25 topped expectations of $3.73. Yahoo Finance's Josh Lipton and Julie Hyman break down United's Q1 results in the video above. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Stephanie Mikulich.
Barrons.comUnited Airlines Earnings Beat Forecasts Despite Boeing Challenges
United Airlines has had more than its fair share of problems in recent months, but its first-quarter financial results included better-than-expected revenue and earnings. United reported a net loss of $124 million, or 38 cents a share, and an adjusted net loss of $50 million, or 15 cents a share. Because of its exposure to Boeing’s temporarily-grounded MAX 9 aircraft, United had forecast a loss of between 85 cents and 35 cents a share.
