United Airlines Analysts Remain Bullish As Revenue Exceeds Estimates
United Airlines Holdings Inc (NASDAQ:UAL) reported fourth-quarter earnings after the market closed on Tuesday. The following are the comments from different analysts regarding the company’s report. Goldman Sachs analyst Catherine O’Brien maintained a $125 price forecast on the stock, based on a normalized EBITDAR valuation methodology applying a 4.9x EV/EBITDAR multiple to a normalized EBITDAR estimate of $12.8 billion. United reported an adjusted EPS of $3.26 for the December quarter, surpassing both FactSet consensus ($3.03) and its own guidance range ($2.50 to $3). This outperformance was driven by stronger-than-expected revenue, with unit revenue (RASM) rising 1.6%, ahead of the expected 0.2%. The company also set its 2025 EPS guidance at $11.50 to $13.50, slightly below the consensus estimate of $12.78. According to the analyst, investor focus was expected to be on the revenue assumptions behind the 2025 EPS guidance, as year-over-year comparisons would be easier later in the year than in the March […]
United Airlines Analysts Remain Bullish As Revenue Exceeds Estimates Read Post »