United Airlines (UAL) Scheduled to Post Quarterly Earnings on Tuesday

United Airlines (NASDAQ:UAL) is scheduled to issue its quarterly earnings data after the market closes on Tuesday, October 15th. Analysts expect the company to announce earnings of $3.09 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

United Airlines (NASDAQ:UAL) last announced its quarterly earnings results on Wednesday, July 17th. The transportation company reported $4.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.97 by $0.17. The business had revenue of $14.99 billion during the quarter, compared to analyst estimates of $15.04 billion. United Airlines had a return on equity of 33.90% and a net margin of 5.28%. The firm’s revenue was up 5.7% on a year-over-year basis. During the same period in the previous year, the company earned $5.03 EPS. On average, analysts expect United Airlines to post $10 EPS for the current fiscal year and $11 EPS for the next fiscal year.

United Airlines Stock Down 0.1 %

Shares of United Airlines stock opened at $59.18 on Tuesday. The firm has a market cap of $19.46 billion, a price-to-earnings ratio of 7.32, a P/E/G ratio of 1.16 and a beta of 1.44. The company has a debt-to-equity ratio of 2.07, a current ratio of 0.77 and a quick ratio of 0.71. United Airlines has a 52-week low of $33.68 and a 52-week high of $60.38. The stock has a 50-day simple moving average of $46.81 and a 200-day simple moving average of $48.45.

Analysts Set New Price Targets

UAL has been the subject of several analyst reports. TD Cowen boosted their target price on United Airlines from $65.00 to $80.00 and gave the stock a “buy” rating in a report on Wednesday, July 17th. Jefferies Financial Group boosted their target price on United Airlines from $69.00 to $75.00 and gave the stock a “buy” rating in a report on Wednesday, October 2nd. Two research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $73.55.

United Airlines Company Profile

United Airlines Holdings, Inc, through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company transports people and cargo through its mainline and regional fleets. It also offers catering, ground handling, flight academy, and maintenance services for third parties.