Legacy carriers are leading an impressive rally in airline stocks, but their success will depend on becoming winners-take-all.
United Airlines Holdings (UAL – Research Report), the Industrials sector company, was revisited by a Wall Street analyst yesterday. Analyst
United Airlines on Tuesday forecast a stronger-than-expected profit in the current quarter, after its earnings topped Wall Street estimates in the fourth quarter on robust travel demand and improved pricing power.
United Airlines Holdings Inc. expects a first-quarter profit well ahead of Wall Street’s estimates as the carrier capitalizes on unusually strong demand for premium and international travel.
Unit costs in 2025 will rise as much as 7% excluding fuel, the airline said Tuesday in a statement, outpacing analysts’ estimates on higher spending for compensation and aircraft maintenance. JetBlue shares fell as much as 18% as markets opened in New York, their biggest slump since Aug. 12.
CHICAGO (Reuters) - United Airlines on Tuesday forecast a stronger-than-expected profit in the current quarter, after its earnings topped Wall Street estimates in the fourth quarter on robust travel demand and improved pricing power.
Wall Street was mixed in premarket trading on Thursday as major U.S. airlines stumbled and health insurance companies soared
United Airlines (NASDAQ:UAL) reports Q4 earnings, expected to have $2.99 EPS and $14.40B revenue. Stock up 184.10% past year, 14.47% YTD. Analysts see 20% upside.
Carrier forecasts deeper-than-expected first-quarter loss and pins softer full-year guidance on travel demand and fuel costs
The Chicago-based company said it had net income of $2.95 per share. Earnings, adjusted for non-recurring costs, came to $3.26 per share. The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $3.01 per share.
JetBlue’s unit revenue guide implied deceleration year over year despite all the changes it has been making,” offered Melius Research analyst Conor Cunningham.
JetBlue Airways Corp. shares tumbled after the carrier projected higher costs this year than Wall Street expected.