United Airlines

United Airlines stock was taking off again early Wednesday as the carrier signaled accelerating demand trends in 2025 and impressed the market with its guidance. The shares have soared 187% over the past 12 months — the third best-performer in the S&P 500 over that period behind only nuclear energy company Vistra and artificial-intelligence software company Palantir Technologies. It’s even outperformed AI chip maker Nvidia — which reclaimed the title of world’s most valuable company from Apple on Tuesday. Demand for AI may be red hot but so is demand for travel. The 10 busiest days in U.S. aviation history all came in 2024. It’s especially strong among those looking for a premium experience and people traveling overseas. That plays into United’s hands as the carrier is heavily exposed to premium and international travel. The continued recovery in corporate travel, as more workers have returned to the office and resumed […]

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 stock has soared in recent months and the carrier’s fourth-quarter earnings late Tuesday could send the shares flying even higher. Delta Air Lines set the tone for earnings season earlier this month with a big revenue and earnings beat. But it was Delta’s outlook that really buoyed investors as the carrier signaled strong demand continuing in 2025, guiding for revenue growth of 7-9% in the first quarter. On closer inspection, the reasons behind Delta’s positive guidance — robust demand for premium travel and improving corporate sales — are good news for United, which has strong exposure to both. United is the “biggest beneficiary” of Delta’s outlook, BofA analysts said in a note last week. They hiked earnings estimates as a result, and increased their price target on the Buy-rated stock to $120 from $100, implying 12% upside to Friday’s closing price. However, they also downgraded low-cost airlines JetBlue

United Airlines – Continues to Expect Q2 2024 Adjusted Diluted Earnings per Share to Be Between $3.75 and $4.25

United Airlines Announces First-Quarter 2024 Financial Results; Exceeds Revenue and EPS Expectations PR Newswire CHICAGO, April 16, 2024 First-quarter diluted loss per share of $0.38; first-quarter adjusted diluted loss per share(1) of $0.15 – ahead of expectations Updates fleet plan – allowing for a more consistent delivery schedule of approximately 100 narrowbody aircraft yearly 2025 through 2027 Achieved second-best first quarter on-time departure performance(2) in the company’s history CHICAGO, April 16, 2024 /PRNewswire/ — United Airlines (UAL) today reported first-quarter 2024 financial results. The company had a pre-tax loss of $164 million, a $92 million improvement over the same quarter last year; adjusted pre-tax loss(1) of $79 million, a $187 million improvement on an adjusted basis over the same quarter last year. These earnings reflect the approximately $200 million impact from the Boeing 737 MAX 9 grounding, without which the company would have reported a quarterly profit. In the quarter,

United Airlines Holdings (NASDAQ:UAL) reported quarterly losses of $(0.15) per share which beat the analyst consensus estimate of $(0.57) by 73.68 percent. The company reported quarterly sales of $12.539 billion which beat the analyst consensus estimate of $12.450 billion by 0.72 percent. This is a 9.71 percent increase over sales of $11.429 billion the same period last year.

Leading airline company United Airlines Holdings Inc (NASDAQ:UAL) will report first-quarter financial results after market close Tuesday, April 16. Earnings Estimates: Analysts expect United Airlines to report first-quarter revenue of $12.45 billion. The company reported revenue of $11.429 billion in last year’s first quarter. United Airlines has beaten Street estimates for revenue in six straight quarters. Analysts expect the airline company to report a loss of 56 cents per share for the first quarter, compared to a loss of 63 cents per share in the year-ago period. The company has beaten earnings per share estimates from analysts in six straight quarters.

United Airlines Holdings (NASDAQ:UAL) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 02/13/2024 17.15% Redburn Atlantic → $50 Downgrades Buy → Neutral 02/09/2024 52.3% Evercore ISI Group $58 → $65 Upgrades In-Line → Outperform 01/10/2024 40.58% Susquehanna → $60 Upgrades Neutral → Positive 01/09/2024 31.21% B of A Securities $40 → $56 Upgrades Underperform → Buy 12/20/2023 52.3% Raymond James $68 → $65 Maintains Outperform 10/19/2023 129.62% JP Morgan $93 → $98 Maintains Overweight 10/19/2023 59.33% Raymond James $70 → $68 Maintains Outperform 10/19/2023 -6.28% Susquehanna $44 → $40 Maintains Neutral 10/19/2023 66.35% Citigroup $76 → $71 Maintains Buy 10/11/2023 3.09% Susquehanna $57 → $44 Maintains Neutral 10/05/2023 64.01% Raymond James $76 → $70 Maintains Outperform 10/02/2023 75.73% Morgan Stanley $80 → $75 Maintains Overweight 09/29/2023 12.46% Jefferies $65 → $48 Maintains Hold 09/26/2023 59.33% Bernstein $71 → $68 Maintains Outperform 08/28/2023

United Airlines Received Final Approval From FAA To Complete The Process To Return Our Fleet Of 79 Boeing 737 Max 9 Aircraft To Service; Said Preparing Max 9 Aircraft To Return To Scheduled Service Beginning On Sunday.

United Airlines’ (UAL) unit revenue guidance of flat for Q1 will likely continue its unit revenue outperformance compared with the industry, BofA Securities said in a note to clients on Monday. The firm said United’s outlook is better than its own forecast and the consensus of about minus 2% and also better than Delta Air Lines’ (DAL) guidance of flat to minus 3%. United’s guidance assumes that the Boeing (BA) 737 Max 9 will be grounded through Jan. 31. BofA also said that United’s Q4 EPS of $2 “nicely beat” the firm’s forecast of $1.58 and the Street’s $1.65. BofA maintained United’s buy rating and $56 price objective.

BofA Securities analyst Andrew G. Didora reiterated a Buy rating on United Airlines Holdings, Inc. (NASDAQ:UAL), with a price objective of $56. United Airlines reported fourth-quarter earnings per share of $2.00, versus a $1.70 estimate, and revenue of $13.60 billion, versus $13.54 billion. The first quarter of 2024 unit revenue outlook of flat (or slightly down ex an accounting change) is better than expectations of down around -2% and is better than Delta Air Lines, Inc.’s (NYSE:DAL) flat to -3% outlook, the analyst notes. Per Didora, this likely continues the company’s unit revenue outperformance vs the industry despite what will be greater than industry capacity growth even after adjusting for Boeing Company‘s (NYSE:BA) 737 MAX 9 grounding. Per the analyst, management needs to give investors some confidence in the building blocks to the $9-$11 in 2024 EPS. An accounting change that shifted certain commission costs from a contra-revenue to a distribution cost increased 4Q23 unit

CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: Our 12-month target of $46, down $1, is 4.3x our 2025 EPS view (starting at $10.69; 2024’s cut to $9.08), below UAL’s 2018-2019 historical forward average of 8.4x. We think a discount is merited due to UAL having to ground its 737 MAX 9 aircraft, reducing its total capacity by 8% and causing unit costs to rise. Q4 EPS of $2.00 vs. $2.46 beat consensus by $0.30. Q4 passenger revenues grew 9% Y/Y due to its int’l segment (+18%), while capacity increased 15% Y/Y. For 2024, we believe that UAL could face headwinds with rising unit costs (aside from the 737 MAX 9 groundings) due to new labor agreements, while delays in new aircraft deliveries are hindering UAL from retiring older aircraft and causing maintenance costs to