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

92.21

Mkt cap

30B

Volume

4.5M

High

92.71

P/E Ratio

10.87

52-wk high

93.33

Low

90.56

Div yield

N/A

52-wk low

37.02

ASML, Walgreens, Trump Media, United Airlines, and Tesla were notable stocks on Tuesday. ASML dropped due to an early earnings release and revised guidance. Walgreens rose on strong sales, Trump Media fell after a new service launch, United Airlines saw slight gains on earnings, and Tesla had a marginal increase amid Bitcoin speculation.

Portfolio Pulse from Benzinga Neuro

October 16, 2024 | 2:43 am

United Airlines reported strong Q3 earnings, beating revenue and EPS estimates. The company announced a $1.5 billion share buyback program and highlighted a significant inflection point in revenue trends. Despite a positive Q3, UAL's Q4 earnings guidance fell short of expectations.

Portfolio Pulse from Adam Eckert

October 15, 2024 | 8:41 pm

United Airlines plans to have 192 Boeing 737 MAX aircraft in its fleet by the end of 2024. This expansion indicates a significant investment in Boeing's aircraft, potentially impacting both United Airlines and Boeing's stock prices.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 8:15 pm

United Airlines projects its Q4 adjusted EPS to be between $2.50 and $3.00, indicating a positive outlook for the quarter.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 8:04 pm

United Airlines has announced a $1.5 billion share repurchase program, indicating confidence in its financial health and future prospects.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 8:02 pm

United Airlines Holdings reported its Q3 2024 financial results, with an adjusted EPS of $3.33, surpassing the estimated $3.13. The company's sales also exceeded expectations, reaching $14.843 billion compared to the forecasted $14.783 billion.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 8:01 pm

Airline stocks are experiencing a rise in share prices due to reduced fears from Hurricane Milton and a decrease in fuel costs, a significant expense for the industry.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 6:12 pm

ASML's earnings leak led to a significant drop in its stock and affected the semiconductor sector, with major players like NVIDIA and Arm Holdings also seeing declines. Energy stocks fell due to a drop in oil prices, while financials and small caps outperformed, driven by strong earnings from banks.

Portfolio Pulse from Piero Cingari

October 15, 2024 | 5:37 pm

United Airlines Holdings, Inc. (NASDAQ:UAL) is set to release its Q3 earnings on Oct. 15, with analysts expecting a decrease in EPS from $3.65 to $3.17, but an increase in revenue from $14.44 billion to $14.78 billion. The company recently announced a major international expansion and has seen positive analyst ratings and price target increases.

Portfolio Pulse from Avi Kapoor

October 15, 2024 | 2:55 pm

Oil prices plunged over 5% as Israel assured the U.S. it would not target Iranian oil facilities, easing Middle East tensions. This led to a drop in energy stocks and a rally in airlines and cruise lines due to lower fuel costs.

Portfolio Pulse from Piero Cingari

October 15, 2024 | 2:50 pm

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