United Airlines Sees Q1 Adj. EPS ($0.85)-($0.35) vs $(0.21) Est., FY24 Adj. EPS $9.00-$11.00 vs $9.58 Est.
Portfolio Pulse from Benzinga Newsdesk
United Airlines forecasts a Q1 adjusted EPS of ($0.85)-($0.35), which is below the estimated $(0.21). However, they project a FY24 adjusted EPS of $9.00-$11.00, compared to the estimated $9.58.
January 22, 2024 | 9:32 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
United Airlines' Q1 EPS forecast is lower than analysts' expectations, which could lead to a negative short-term reaction in its stock price. However, their FY24 EPS outlook is more optimistic.
The lower Q1 EPS guidance compared to estimates suggests that United Airlines may not meet market expectations in the short term, which typically results in a negative stock price movement. However, the positive FY24 EPS guidance could mitigate some of the negative sentiment as it indicates a potential for recovery and growth in the longer term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100