United Airlines Exec Says Based On Current Published Industry Capacity, Expect Full-year Earnings To Be At The Low End Of $9-$11 Per Share Forecast
Portfolio Pulse from Benzinga Newsdesk
United Airlines executives have indicated that based on current industry capacity, the company's full-year earnings are expected to be at the low end of their forecast range of $9-$11 per share.
July 18, 2024 | 3:13 pm
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United Airlines expects its full-year earnings to be at the low end of the $9-$11 per share forecast due to current industry capacity.
The announcement that earnings will be at the low end of the forecast range suggests potential challenges in the industry, which could negatively impact investor sentiment and short-term stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100