United Airways Holdings, Inc. (NASDAQ: UAL) to report earnings of – $ 6.60 per share

Wall Road analysts anticipate United Airways Holdings, Inc. (NASDAQ: UAL) to put up earnings of ($ 6.60) per share for the present quarter, Zacks studies. Sixteen analysts have made revenue estimates for United Airways. The best estimate of EPS is ($ 4.41) and the bottom is ($ 7.46). United Airways reported earnings of ($ 2.57) per share for a similar quarter final yr, which might point out a unfavorable year-over-year development charge of 156.8%. The corporate is predicted to launch its subsequent outcomes on Thursday, April 29.

On common, analysts anticipate United Airways to report annual revenue of ($ 9.05) per share for the present fiscal yr, with EPS estimates starting from ($ 15.94) to ($ 1, 48 USD). For the following fiscal yr, analysts predict the corporate will put up earnings of $ 2.96 per share, with EPS estimates starting from ($ 5.02) to $ 6.80. Zacks Funding Analysis BPA averages are a mean primarily based on a survey of analysis corporations that cowl United Airways.

United Airways (NASDAQ: UAL) final launched its quarterly earnings information on Tuesday, January 19. The transportation firm reported earnings per share of ($ 7.00) for the quarter, lacking the Zacks consensus estimate of ($ 6.56) by ($ 0.44). United Airways recorded a unfavorable return on fairness of 54.29% and a unfavorable web margin of 19.85%. The corporate posted income of $ 3.41 billion within the quarter, in comparison with $ 3.47 billion anticipated by analysts. Throughout the identical interval final yr, the corporate achieved earnings per share of $ 2.67. The corporate’s income for the quarter was down 68.7% from the identical quarter final yr.

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The UAL has been the topic of quite a few latest analyst studies. Raymond James upgraded United Airways shares from a “market efficiency” ranking to an “outperformance” ranking and set a worth goal of $ 60.00 on the inventory in a analysis report on Monday. November 30. Jefferies Monetary Group started overlaying shares of United Airways in a analysis report on Tuesday, November 17. They issued a “maintain” ranking and a worth goal of $ 45.00 on the inventory. JPMorgan Chase & Co. downgraded United Airways shares from an “obese” to an “underweight” ranking and lowered their goal worth for the share from $ 47.00 to $ 44.00 in a analysis notice Wednesday, December 16. Wolfe Analysis downgraded United Airways shares from a “peer efficiency” ranking to an “underperformance” ranking in a analysis notice on Friday, December 4. Lastly, UBS Group upgraded United Airways shares from a “impartial” ranking to a “purchase” ranking and raised its share worth goal from $ 33.00 to $ 62.00 in a yr. analysis notice on Friday, December 11. Six analysts rated the inventory with a promote ranking, seven issued a maintain ranking and 7 gave the corporate a purchase ranking. The corporate has a mean “Maintain” ranking and a consensus worth goal of $ 46.89.

United Airways motion open for $ 52.68 on Mondays. The corporate has a debt ratio of three.22, a present ratio of 1.04, and a fast ratio of 0.98. United Airways has a one-year minimal of $ 17.80 and a one-year most of $ 69.02. The corporate has a market cap of $ 15.42 billion, a P / E ratio of -3.20 and a beta of 1.63. The corporate’s 50-day transferring common is $ 44.00 and its 200-day transferring common is $ 40.23.

As well as, director Michele J. Hooper purchased 1,900 shares in a transaction on Tuesday, December 8. The inventory was bought at a mean price of $ 49.00 per share, for a complete transaction of $ 93,100.00. Following the completion of the acquisition, the director now straight owns 3,042 shares of the corporate, valued at $ 149,058. The acquisition was disclosed in a authorized file with the Securities & Alternate Fee, accessible by way of this hyperlink. 0.40% of the shares are held by insiders of the corporate.

Various institutional traders and hedge funds have lately modified their positions within the firm. RMR Wealth Builders acquired a brand new place in United Airways shares within the fourth quarter valued at $ 55,000. Hsbc Holdings PLC elevated its holdings of United Airways shares by 63.7% within the fourth quarter. Hsbc Holdings PLC now owns 956,130 shares of the transportation firm valued at $ 42,014,000 after buying an extra 372,049 shares within the final quarter. Berman Capital Advisors LLC elevated its holdings of United Airways shares by 151.7% within the fourth quarter. Berman Capital Advisors LLC now owns 808 shares of the transportation firm valued at $ 34,000 after buying an extra 487 shares within the final quarter. Manufacturing facility Mutual Insurance coverage Co. elevated its holdings of United Airways shares by 2.6% within the fourth quarter. Manufacturing facility Mutual Insurance coverage Co. now owns 366,100 shares of the transportation firm valued at $ 15,835,000 after buying an extra 9,400 shares within the final quarter. Lastly, IHT Wealth Administration LLC acquired a brand new place in United Airways shares within the fourth quarter valued at $ 240,000. Institutional traders maintain 60.86% of the shares of the corporate.

United Airways Firm Profile

United Airways Holdings, Inc., by means of its subsidiaries, offers air transportation providers to North America, Asia, Europe, Africa, the Pacific, the Center East and Latin America. It transports folks and items by means of its foremost and regional fleets. As of February 28, 2020, the corporate operated roughly 791 mainline plane.

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History and revenue estimates for United Airlines (NASDAQ: UAL)

This on the spot information alert was powered by storytelling know-how and monetary information from MarketBeat to offer readers with the quickest, most correct studies. This story was reviewed by the MarketBeat editorial group previous to publication. Please ship any questions or feedback about this story to [email protected]

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