United Airlines (NASDAQ:UAL – Get Free Report) updated its fourth quarter earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $2.50-$3.00 for the period, compared to the consensus estimate of $2.76.
United Airlines Stock Up 0.8 %
UAL traded up $0.48 on Tuesday, hitting $64.01. 9,404,534 shares of the company were exchanged, compared to its average volume of 8,481,637. The company has a current ratio of 0.77, a quick ratio of 0.71 and a debt-to-equity ratio of 2.07. The company has a market cap of $21.05 billion, a price-to-earnings ratio of 7.85, a price-to-earnings-growth ratio of 0.89 and a beta of 1.44. The firm has a 50-day moving average price of $48.91 and a two-hundred day moving average price of $49.06. United Airlines has a twelve month low of $33.68 and a twelve month high of $65.02.
United Airlines (NASDAQ:UAL – Get Free Report) last posted its earnings results on Wednesday, July 17th. The transportation company reported $4.14 EPS for the quarter, beating the consensus estimate of $3.97 by $0.17. The firm had revenue of $14.99 billion for the quarter, compared to analyst estimates of $15.04 billion. United Airlines had a return on equity of 33.90% and a net margin of 5.28%. United Airlines’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $5.03 earnings per share. On average, equities analysts predict that United Airlines will post 9.88 earnings per share for the current year.
Wall Street Analyst Weigh In
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About United Airlines
United Airlines Holdings, Inc, through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company transports people and cargo through its mainline and regional fleets. It also offers catering, ground handling, flight academy, and maintenance services for third parties.
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