United Airlines (UAL) Guidance Tops Consensus

United Continental (UAL) PT Raised to $70 at BofA Securities

April 18, 2024 5:49 AM EDT

BofA Securities analyst Andrew Didora raised the price target on United Continental (NASDAQ: UAL) to $70.00 (from $60.00) while maintaining a Buy rating.

The analyst comments "UAL shares were +18% today on a strong 1Q24 earnings beat and 2Q24 EPS outlook (see our first... More

United Continental (UAL) PT Raised to $80 at Citi

April 18, 2024 4:50 AM EDT

Citi analyst Stephen Trent raised the price target on United Continental (NASDAQ: UAL) to $80.00 (from $73.00) while maintaining a Buy rating.

The analyst comments "Forecast adjustments for Buy-rated United Airlines include the incorporation of stronger, expected revenue per available seat mile or RASM,... More

United expects stronger quarterly earnings; cuts aircraft delivery estimates

April 16, 2024 4:05 PM EDT

By Rajesh Kumar Singh

CHICAGO (Reuters) -United Airlines Holdings on Tuesday forecast stronger-than-expected earnings in the current quarter, after reporting a narrower-than-expected loss in the first quarter, on robust demand for travel.

United's shares were up about 6% in after-hours trading.

The airline, a prominent customer of Boeing, has been hit by the planemaker's safety crisis. Boeing's troubles forced it to scale down its total aircraft delivery estimates for this year by 25% to 66 jets.

The Boeing situation is rippling through the industry, compelling airlines to adjust their fleet plans at a time travel demand is projected to hit... More

United Airlines (UAL) Tops Q1 EPS by 42c

April 16, 2024 4:01 PM EDT

United Airlines (NASDAQ: UAL) reported Q1 EPS of ($0.15), $0.42 better than the analyst estimate of ($0.57). Revenue for the quarter came in at $12.54 billion versus the consensus estimate of $12.46 billion.

For earnings history and earnings-related data on United Airlines (UAL) click here.

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