Streetbeat News

UAL

United Airlines Holdings, Inc.

https://www.united.com

Industry

Airlines, Airports & Air Services

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, training, and maintenance services for third parties. The company was formerly known as United Continental Holdings, Inc. and changed its name to United Airlines Holdings, Inc. in June 2019. United Airlines Holdings, Inc. was incorporated in 1968 and is headquartered in Chicago, Illinois.

Open

86.00

Mkt cap

29B

Volume

4.3M

High

87.87

P/E Ratio

10.43

52-wk high

87.87

Low

85.60

Div yield

N/A

52-wk low

37.02

United Airlines CEO announced in a conference call that the company is experiencing continued positive momentum and bookings across all customer segments.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 2:43 pm

United Airlines CEO expressed confidence in the FAA review process, stating it will help uncover opportunities to enhance airline safety.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 2:39 pm

A United Airlines executive announced during a conference call that certain certifications will be delayed as they work through the FAA review process.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 2:37 pm

Airline stocks, including United Airlines (UAL), American Airlines (AAL), Delta Air Lines (DAL), Southwest Airlines (LUV), JetBlue Airways (JBLU), and Spirit Airlines (SAVE), saw an uptick Wednesday following United Airlines' better-than-expected financial results for the first quarter. United Airlines reported a revenue of $12.539 billion, surpassing the consensus estimate of $12.4 billion, and an adjusted quarterly loss of 15 cents per share, beating analyst estimates for a loss of 57 cents per share. The company also reiterated its full-year 2024 earnings expectations and updated its aircraft delivery schedule.

Portfolio Pulse from Adam Eckert

April 17, 2024 | 12:53 pm

United Airlines Holdings Inc (NASDAQ:UAL) shares rose after reporting Q1 results surpassing estimates with $12.539 billion in revenue and a loss of 15 cents per share. Capacity increased by 9.1% year-over-year, with slight improvements in TRASM and CASM. United ended the quarter with $16.9 billion in liquidity and adjusted its fleet plan, converting Boeing Max 10 orders to Max 9 and intending to lease 35 Airbus A321neos. The company reaffirmed its full-year 2024 earnings outlook.

Portfolio Pulse from Adam Eckert

April 17, 2024 | 12:50 pm

United Airlines shares surged following the announcement of their Q1 financial results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 11:10 am

Wall Street is expected to rebound from its April slump, with optimism around earnings season seen as a potential catalyst. Futures for major indices, including the S&P 500 and Nasdaq, are up in premarket trading. Federal Reserve Chair Jerome Powell's recent speech has led to adjusted expectations around interest rates, impacting bond yields. Companies like UnitedHealth Group reported positive earnings, while others like J.B. Hunt and United Airlines saw significant premarket stock movements following their earnings announcements. Upcoming economic data and earnings reports from companies such as Abbott Laboratories and CSX Corp are also in focus.

Portfolio Pulse from Shanthi Rexaline

April 17, 2024 | 11:09 am

On Tuesday, U.S. stock indexes showed mixed results with the Dow Jones up by 0.2%, the S&P 500 down by 0.2%, and the Nasdaq up by 0.1%. Netflix, AMC, United Airlines, WiSA Technologies, and Tesla were among the most notable stocks. Netflix is anticipated to release its Q1 financial results soon. AMC's stock surged, with its CEO commenting on the company's stability. United Airlines reported revenue exceeding estimates. WiSA Technologies saw a significant jump after a licensing agreement. Tesla's stock fell amid halted development of a low-cost vehicle.

Portfolio Pulse from Benzinga Neuro

April 17, 2024 | 2:43 am

In Tuesday's after-market session, several industrials stocks saw significant movements. Ideanomics, Sentage Holdings, and United Airlines Holdings were among the gainers, with United Airlines reporting Q1 earnings. Desktop Metal and Smart Power also rose, with Smart Power releasing Q4 earnings. Conversely, Dragonfly Energy Holdings, Greenland Technologies, and JB Hunt Transport Services were among the losers, with both Dragonfly and JB Hunt reporting their Q4 and Q1 earnings respectively.

Portfolio Pulse from Benzinga Insights

April 16, 2024 | 8:31 pm

United Airlines Holdings Inc (UAL) reported Q1 earnings with revenue of $12.539 billion, surpassing the consensus estimate of $12.4 billion. The adjusted quarterly loss was 15 cents per share, better than the expected 57 cents per share loss. Capacity increased by 9.1% year-over-year, with slight changes in TRASM and CASM. United adjusted its fleet plan, converting some Boeing Co (BA) Max 10 orders to Max 9 for 2025-2027 and planning to lease 35 Airbus A321neos for 2026-2027. The company ended the quarter with $16.9 billion in liquidity and $27.2 billion in debt. United reiterated its full-year 2024 earnings outlook of $9 to $11 per share and adjusted its aircraft delivery schedule for 2024. United's shares rose 4.75% in after-hours trading to $43.47.

Portfolio Pulse from Adam Eckert

April 16, 2024 | 8:30 pm

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