Earnings Preview: United Airlines Holdings

United Airlines Holdings (NASDAQ:UAL) is gearing up to announce its quarterly earnings on Tuesday, 2024-10-15. Here's a quick overview of what investors should know before the release.

Analysts are estimating that United Airlines Holdings will report an earnings per share (EPS) of $3.07.

Anticipation surrounds United Airlines Holdings's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Performance in Previous Earnings

The company's EPS beat by $0.19 in the last quarter, leading to a 1.17% drop in the share price on the following day.

Here's a look at United Airlines Holdings's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

3.95

-0.56

1.7

3.35

EPS Actual

4.14

-0.15

2

3.65

Price Change %

-1.0%

17.0%

5.0%

-10.0%

Performance of United Airlines Holdings Shares

Shares of United Airlines Holdings were trading at $61.8 as of October 11. Over the last 52-week period, shares are up 57.48%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Analysts' Perspectives on United Airlines Holdings

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on United Airlines Holdings.

A total of ...