UAL - United Airlines Holdings, Inc.
| Previous Close | 87.88 |
| Open | 89.35 |
| Bid | 90.68 x 800 |
| Ask | 90.71 x 1000 |
| Day's Range | 88.22 - 90.83 |
| 52 Week Range | 77.02 - 97.85 |
| Volume | 5,129,359 |
| Avg. Volume | 2,580,463 |
| Market Cap | 23.177B |
| Beta (3Y Monthly) | 1.29 |
| PE Ratio (TTM) | 8.42 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | 2008-01-07 |
| 1y Target Est | N/A |
- American City Business Journals
5 key takeaways from conference call with United CEO Oscar Munoz
United Airlines CEO Oscar Munoz and a group of top executives covered a wide range of topics, but on-time performance was one subject given the most cursory attention.
- Barrons.com
United Airlines Stock Is Up as Forecast for Earnings Rises
(UAL) stock climbed as the carrier raised its forecast for earnings, reported a better profit than expected, and said it is “ahead of pace” toward meeting its goal for 2020 earnings per share. The airline cited strong demand and lower than anticipated fuel costs in the summer. The stock was up 2.5% in midday trading on Wednesday.
- Zacks
Airline Stock Roundup: DAL & UAL's Earnings Beat, SAVE's Q3 View Bullish & More
Low fuel costs aid the third-quarter 2019 bottom-line performances of Delta (DAL) and United Airlines (UAL).
- Bloomberg
United Raises 2019 Outlook Again on Flight Demand, Fuel Cost
(Bloomberg) -- United Airlines Holdings Inc. raised its 2019 profit forecast for the second straight quarter, citing strong travel demand and lower-than-expected fuel prices in the late summer.Earnings will climb to at least $11.25 a share this year, the carrier said in a statement Tuesday as it reported third-quarter results that showed robust travel demand. That compares with an outlook of at least $10.50 a share in July, when United also raised its expectations for this year’s performance.The carrier is reaping the rewards of a turnaround plan it set out in early 2018, which called for aggressive growth to boost connecting traffic and profitability at hubs in Chicago, Houston and Denver. Chief Executive Officer Oscar Munoz said United is “ahead of pace” to achieve its 2020 earnings target of $11 to $13 a share, a goal he established last year.“We can identify no salient components of United’s near-term guide that should be viewed disappointingly,” Jamie Baker, a JPMorgan Chase & Co. analyst, said in a note. United rose 1.2% to $88.91 at 9:46 a.m. in New York, the most on a Standard & Poor’s index of major U.S. airlines. The shares advanced 5% this year through Tuesday, trailing the 6.9% gain of the broader industry gauge.Max CostsAdjusted earnings rose to $4.07 a share in the third quarter, United said. That topped the average estimate of $3.97. Sales climbed to 3.4% to $11.4 billion, in line with estimates.The Chicago-based airline paid an average of $2.02 a gallon for jet fuel in the quarter, 13% below the same period last year, despite a Sept. 14 terrorist attack on Saudi Arabian oil facilities that briefly caused prices to spike. Most of that production was restored within weeks. United’s per-gallon fuel cost was 10 cents less than the low end of the company’s own forecast.In the fourth quarter, revenue for each seat flown a mile, a closely watched gauge of pricing power, will be flat to up 2%. United expects full-year growth of 3.5% in its capacity of flights and seats, in line with its forecast in July, owing in part to the absence of Boeing Co.’s 737 Max. United has removed the model from its schedule through Jan. 6 and was forced to pare back its initial plan to expand 2019 capacity as much as 6%.Non-fuel costs for each seat flown a mile are expected to rise 1.2% this year, United said, surpassing the 1% target for so-called unit costs. The carrier blamed the increase on the grounding of the Max and separate flight reductions made in response to political tensions in India, Pakistan and Hong Kong.Delta DisappointmentDelta Air Lines Inc., which doesn’t have any Max jets, disappointed investors last week when it said unit costs would rise next year as much as a full percentage point more than its long-term goal of no more than 2%.The Max’s flying ban has pressured airlines’ per-mile seat costs, a measure that typically rises as capacity drops. United had 14 Max planes in its fleet when regulators grounded the model in March following two deadly crashes in a five-month span. The airline had planned to expand its Max fleet to 30 by year-end.The return of the Max is expected to help ease cost pressures for U.S. airlines that fly it, although analysts have expressed concerns that it could spur an increase in available seats and thereby pressure fares.(Updates with analyst comment in fourth paragraph.)To contact the reporter on this story: Justin Bachman in Dallas at jbachman2@bloomberg.netTo contact the editors responsible for this story: Brendan Case at bcase4@bloomberg.net, Susan WarrenFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Zacks
United Airlines (UAL) Up on Q3 Earnings Beat, Raised EPS View
Low fuel prices and higher passenger revenues aid United Airlines' (UAL) Q3 results. Expecting the tailwinds to stay in place, the carrier lifts its 2019 EPS view.
- TheStreet.com
United Airlines Has One Level Holding Back Stock Breakout
United Airlines beat on earnings but the shares are struggling to break out. Here's how to trade UAL stock from here.
- American City Business Journals
These 10 flights generate the most revenue for Houston's George Bush Intercontinental Airport
Flights to coastal cities and destinations in the Middle East and South America top the list of the most profitable routes out of IAH.
- Investor's Business Daily
Dow Jones Futures: Chip Leader ASML Leads Key Movers As Stock Market Rally Steps Up
Dow Jones futures: After Tuesday's stock market rally, United Airlines, Sleep Number and McKesson moved on news. ASML earnings topped.
- TheStreet.com
United Airlines Shares May Be Ready to Break Out of Holding Pattern
Despite sideways action in the airline's shares, buyers have been more aggressive the last 12 months.
- Zacks
United Airlines (UAL) Beats Q3 Earnings Estimates
United (UAL) delivered earnings and revenue surprises of 3.30% and -0.42%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
- Reuters
United lifts 2019 profit target as strong travel demand outweighs MAX crisis
Chicago-based United is one of three U.S. airlines that have each had to cancel more than 2,000 monthly flights through the end of the year as Boeing Co's 737 MAX remains grounded following two deadly crashes in Indonesia and Ethiopia. As a result, United raised its 2019 adjusted diluted earnings per share guidance to $11.25-$12.25 versus $10.50-$12.00 previously. United shares, which closed up 1% at $87.88 before the earnings release, were about 1% higher in after-hours trading.
- MarketWatch
United Airlines stock higher after company raises guidance, tops profit views
Shares of United Airlines Holdings Inc. rose 3% in the extended session Tuesday after the airline reported an adjusted third-quarter profit above Wall Street expectations and raised guidance for the year. United said it earned $1 billion, or $3.99 a share, in the quarter, compared with $833 million, or $3.05 a share, in the year-ago quarter. Adjusted for one-time items, United earned $4.07 a share, compared with $3.05 a share a year ago. The company reported operating revenue of $11.38 billion in the quarter, compared with $11.00 billion a year ago. Analysts polled by FactSet expected United to report adjusted earnings of $3.97 a share on sales of $11.42 billion. United raised its full year 2019 adjusted EPS guidance to a range between $11.25 and $12.25. The company is "ahead of pace" to reach its goal of an adjusted EPS between $11 and $13 by the end of 2020, Chief Executive Oscar Munoz said in a statement. Shares of United had ended the regular trading day up 1%.
- Investor's Business Daily
United Airlines Raises Outlook, Despite These Clouds Ahead
United Airlines reported after the close today, as analysts try to gauge the outlook next year amid unrest abroad and uncertainty over the Boeing 737 Max
- TheStreet.com
United Airlines Higher on Third-Quarter Earnings Beat and Stronger Outlook
UAL also said it purchased $363 million of common shares in the quarter at an average price of $88.22 each.
- American City Business Journals
Countdown: The U.S. airlines with the most consumer complaints
Check out the U.S. airlines with the most consumer complaints, according to the U.S. Department of Transportation's July 2019 report.
- Financial Times
United boosts profit outlook again amid robust travel demand
United Airlines raised its full-year earnings forecast thanks to robust travel demand, further easing concerns over the financial impact of the Boeing 737 Max’s grounding. United Airlines chief executive Oscar Munoz said in a statement that “headwinds affected the sector as a whole this quarter”, but United was able to “overcome adverse cost pressure”. United and other airlines have grappled with fallout from the prolonged grounding of Boeing’s 737 Max. The jet has been out of service since March, after 346 people died in two crashes.
- MarketWatch
Boeing 737 Max grounding puts pressure on airlines to raise prices this holiday season
‘They’re left operating at reduced capacity and, with seat supply diminished at a time when demand is highest, fares will go up.’
- Yahoo Finance
Bank earnings — What to know in markets Tuesday
A slew of big banks are gearing up to release quarterly results Tuesday including Citigroup, Goldman Sachs, JPMorgan Chase and Wells Fargo.
- American City Business Journals
Check the board: Airlines ranked by volume of negative Twitter mentions
A recently released study of more than 96,000 Twitter posts in August shows among other things how much travelers dislike flight delays.
- Benzinga
The Major Airlines With The Best On-Time Arrival Performance
Savvy travelers know: when it comes to booking your next flight, it's important to plan ahead. Finding the cheapest window to travel in , researching which travel rewards credit card to use and having ...
- American City Business Journals
How United Airlines and Christian Siriano did Paris Fashion Week
United Airlines made a statement about an often unsung part of the airline industry as the carrier teamed with New York fashion designer Christian Siriano for a major event in the fashion business.
- Market Realist
Boeing MAX Flights: Airlines Extend Cancellations Again
Last week, American Airlines (AAL) and United Airlines (UAL) announced that they would remove all 737 MAX flights from their schedule through early January.
- InvestorPlace
4 Airline Stocks to Buy Despite Trump’s Tariffs
Airline stocks have been suffering over the past few years as bankruptcies, fluctuations in the price of oil and more recently, trade disputes and labor demands, have weighed on the sector. However, in the case of airline stocks it appears that history isn't an indicator of the future, as the segment looks poised for a rebound. Earlier this year the Boeing (NYSE:BA) 737 Max jet was grounded for safety reasons and although BA is working to get the plane back in the sky, there's no way to predict how long that will take.On top of that, the latest World Trade Organization ruling gives President Donald Trump's administration clearance to impose a tariff on European goods that would make the price of Airbus (OTCMKTS:EADSY) aircraft 10% more expensive. That tariff is seen coming into effect Oct. 18 and consequently has weighed on the industry. Worries about rising costs are certainly founded, but the market's knee-jerk reaction could be a great buying opportunity for value investors.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Beverage Stocks to Buy Now Here's a look at the top four U.S. carriers and their ability to weather this storm. Airline Stocks: Delta Air Lines (DAL)Source: Markus Mainka / Shutterstock.com At the end of December, Delta Air Lines (NYSE:DAL) stock fell off a cliff on the tariff news. Delta stock is down 12% from its September highs despite what appeared to be a relatively solid third-quarter earnings report. Delta's sales were up 6.5% and the firm's margins expanded in the third quarter. Management said revenue is seen rising by more than 5% in Q4. Worries bout the sector overall kept investors focused on the fact that the earnings per share forecast was below expectations. And DAL stock suffered.It's true that Delta's costs are going up. Aside from the impact of Trump's tariffs, Delta is also dealing with pay increases and rising maintenance costs that will hurt the Q4 results. DAL stock is also likely to be one of the hardest hit by the Airbus tariff -- the firm had 254 outstanding orders with Airbus at the end of August.However there's still a chance that the tariffs will be renegotiated, or at least delayed, in the days to come. Dr. Tenpao Lee, an economics professor at Niagara University said in an email interview that tariffs ultimately worsen conditions for both sides. He believes the trade tension with Europe is fundamentally different from what's happening with China. This is in part because Europe is an ally, which could make it easier for the two sides to come to an agreement.That outcome would be positive for DAL stock and may help facilitate a Q4 upside surprise. Plus, Delta is arguably one of the most financially sound on this list. And the firm's 3.1% dividend yield makes waiting out some short-term pain much more palatable. American Airlines (AAL)Source: GagliardiPhotography / Shutterstock.com American Airlines (NASDAQ:AAL) has the second largest number of outstanding Airbus orders on the books with 114 awaiting delivery as of Aug. 31. On top of that, the firm was hit hard by the grounding of the Boeing 737 Max -- around 150 flights per day were canceled as a result. That means AAL stock could make big moves if Boeing can get the plane cleared before the end of the year. So far, no concrete dates have been released by safety regulators, but it appears that most airlines are counting on the Max to return to flight by early 2020.AAL has been beaten down over the past year. American Airlines stock is down more than 50% from its 2018 highs. That in itself has become somewhat of an argument to buy. JC O'Hara from MKM Partners told CNBC that American's chart is so bad, it might actually be good. That's the same sentiment that InvestorPlace's Tim Biggam had earlier in October. He noted that AAL stock is one of the cheapest in the industry right now. The firm is due to report its earnings on Oct. 24, after the Airbus tariffs come into effect. The report should provide some insight into how the firm will deal with the rising cost of its unfulfilled orders. Southwest Airlines (LUV)Source: Eliyahu Yosef Parypa / Shutterstock.com Southwest Airlines (NYSE:LUV) stock has been one of the best performers in the airline sector despite being impacted by the Boeing Max groundings. Southwest stock has been a top pick in the sector in part because it has remained relatively insulated from oil price swings. The company has an active fuel hedging program which protects Southwest from dramatic price changes and even earned LUV $3.2 billion between 2002 and 2008.Southwest flies exclusively Boeing aircraft, so it won't struggle if the tariffs are imposed as planned. In fact, LUV might actually benefit from the tariffs as the company has been forced to ground its 34 Max planes and hold off on the dozens more that have yet to be delivered. This has put competitors with fewer Max planes at an advantage. Southwest has planned its schedule through January without the Max planes. Any movement toward getting them in the sky would also be a boon for LUV stock. United Airlines (UAL)Source: travelview / Shutterstock.com United Airlines (NASDAQ:UAL) stock has just 45 unfulfilled Airbus orders on the books. The company operates a mixed fleet. Both tariffs and the grounded Max planes have hurt the company. The firm is due to report solid earnings on Oct.16. But investors are likely to remain cautious with all of the uncertainty surrounding the industry. So far, UAL has recouped most of the losses it suffered when Trump's Airbus tariffs were announced. That means although the stock is still weighed down by the Max groundings and overall uncertainty about airline stocks, it may not get the same bump that some of its other peers will if the U.S. and the European Union come to an agreement in the coming week. Over the past year UAL has been growing its capacity and unit revenues consistently. And those trends appear set to continue. Bernstein analyst David Vernon believes UAL stock can make its way to $107 once sentiment improves. In his view, the market has been "too negative" about the 737 issues. Vernon sees the firm making substantial gains as the dust settles. As of this writing Laura Hoy did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Beverage Stocks to Buy Now * 10 Groundbreaking Technologies Created by Universities * 5 Semiconductor Stocks Worth Your Time The post 4 Airline Stocks to Buy Despite Trump's Tariffs appeared first on InvestorPlace.
- Yahoo Finance Video
United Airlines Q3 beats expectations, Citigroup downgrades Adobe to neutral
Yahoo Finance’s Ines Ferre is live from the NYSE to discuss the retail sales numbers, and break down the market action for United Airlines and Adobe.
- Yahoo Finance Video
United Airlines third-quarter earnings beat expectations
Yahoo Finance's Emily McCormick joined The Final Round to discuss United Airlines third quarter earnings beat.
