United Airlines Stock Is Rising After Q2 Earnings: Performance By The Numbers
Portfolio Pulse from Ryan Gustafson
United Airlines Holdings, Inc. (NASDAQ:UAL) reported Q2 earnings of $5.03 per share, beating the analyst consensus estimate of $4.03. The company also reported quarterly sales of $14.18 billion, surpassing the analyst consensus estimate of $13.91 billion. UAL's Q2 capacity was up 17.5% YoY, and TRASM was down 0.4%. The company issued full-year 2023 EPS guidance of $11 to $12, beating the $9.73 analyst estimate.
July 19, 2023 | 8:31 pm
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United Airlines reported strong Q2 earnings and sales, beating analyst estimates. The company also issued a strong 2023 EPS guidance.
United Airlines reported better-than-expected Q2 earnings and sales, and issued a strong 2023 EPS guidance. This positive financial performance is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100