Market Overview

Earnings Outlook For United Airlines Holdings

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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

 

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