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 (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.
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.
United, American Airlines, Delta Air Lines, and Southwest Airlines stocks rise following Delta's robust earnings report