20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
On Wednesday, October 14, United Airlines Holdings (NASDAQ:UAL) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.
Earnings and Revenue
United Airlines Holdings EPS loss is expected to be around $7.44, according to sell-side analysts. Sales will likely be near $2.54 billion. United Airlines Holdings EPS in the same period a year ago totaled $4.07. Sales were $11.38 billion. The Wall Street estimate would represent a 282.8% decline in the company's earnings. Sales would be down 77.68% on a year-over-year basis. Here is how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q2 2020 | Q1 2020 | Q4 2020 | Q3 2019 |
|---|---|---|---|---|
| EPS Estimate | -9.02 | -3.47 | 2.65 | 3.95 |
| EPS Actual | -9.31 | -2.57 | 2.67 | 4.07 |
| Revenue Estimate | 1.32 B | 8.22 B | 10.88 B | 11.41 B |
| Revenue Actual | 1.48 B | 7.98 B | 10.89 B | 11.38 B |
Stock Performance
Shares of United Airlines Holdings were trading at $36.38 as of October 12. Over the last 52-week period, shares are down 60.62%. Given that these returns are generally negative, long-term shareholders are probably upset going into this earnings release.
Do not be surprised to see the stock move on comments made during its conference call. United Airlines Holdings is scheduled to hold the call at 10:30:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/6kz2jx6z
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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