United Airlines (UAL) ended the recent trading session at $43.04, demonstrating a +1.58% swing from the preceding day’s closing price. This change outpaced the S&P 500’s 0.74% gain on the day. Meanwhile, the Dow experienced a drop of 0.01%, and the technology-dominated Nasdaq saw an increase of 1.68%.
Coming into today, shares of the airline had lost 1.55% in the past month. In that same time, the Transportation sector gained 6.39%, while the S&P 500 gained 0.8%.
Analysts and investors alike will be keeping a close eye on the performance of United Airlines in its upcoming earnings disclosure. The company’s earnings report is set to go public on April 16, 2024. On that day, United Airlines is projected to report earnings of -$0.52 per share, which would represent year-over-year growth of 17.46%. Meanwhile, our latest consensus estimate is calling for revenue of $12.45 billion, up 8.9% from the prior-year quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast…