United Airlines UAL closed at $44.13 in the latest trading session, marking a -1.58% move from the prior day. The stock fell short of the S&P 500, which registered a loss of 0.12% for the day. Meanwhile, the Dow experienced a drop of 0.25%, and the technology-dominated Nasdaq saw a decrease of 0.41%.
Shares of the airline have appreciated by 8.39% over the course of the past month, outperforming the Transportation sector’s gain of 3.74% and the S&P 500’s gain of 4.83%.
The upcoming earnings release of United Airlines will be of great interest to investors. The company’s earnings per share (EPS) are projected to be -$0.50, reflecting a 20.63% increase from the same quarter last year. 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.
UAL’s full-year Zacks Consensus Estimates are calling for earnings of $9.76 per share and revenue of $57.47 billion. These results would…
