United Airlines (UAL) closed at $44.90 in the latest trading session, marking a -0.16% move from the prior day. The stock trailed the S&P 500, which registered a daily gain of 0.17%. Elsewhere, the Dow saw a downswing of 0.25%, while the tech-heavy Nasdaq appreciated by 0.37%.
Shares of the airline have appreciated by 6.84% over the course of the past month, outperforming the Transportation sector’s gain of 3.15% and the S&P 500’s gain of 3.8%.
The investment community will be paying close attention to the earnings performance of United Airlines in its upcoming release. The company is predicted to post an EPS of -$0.50, indicating a 20.63% growth compared to the equivalent quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $12.42 billion, up 8.66% from the prior-year quarter.
For the full year, the Zacks Consensus Estimates project earnings of $9.76 per share and a revenue of $57.47 billion, demonstrating changes of -2.89% and +6.99%, respectively,…
