The latest trading session saw United Airlines (UAL – Free Report) ending at $42.89, denoting a -0.95% adjustment from its last day’s close. The stock’s change was less than the S&P 500’s daily loss of 0.11%. Elsewhere, the Dow saw an upswing of 0.12%, while the tech-heavy Nasdaq depreciated by 0.41%.
The the stock of airline has risen by 2.29% in the past month, leading the Transportation sector’s gain of 1.84% and undershooting the S&P 500’s gain of 2.7%.
The upcoming earnings release of United Airlines will be of great interest to investors. The company is expected to report EPS of -$0.49, up 22.22% from the prior-year quarter. Meanwhile, the latest consensus estimate predicts the revenue to be $12.42 billion, indicating an 8.66% increase compared to the same quarter of the previous year.
For the full year, the Zacks Consensus Estimates project earnings of $9.72 per share and a revenue of $57.49 billion, demonstrating changes of -3.28% and +7.02%,…
