United Airlines Holdings Inc UAL shares are trading flat at $51.24 Friday afternoon after initially trading lower in sympathy with Delta Air Lines. Delta on Friday issued first-quarter EPS guidance below estimates.
Trader and investors will also be watching for UAL’s fourth-quarter earning results next week, which are confirmed for Tuesday after the market close. According to analyst consensus estimates, United Airlines is expected to report EPS of $2.10 on revenue of $12.23 billion.
What Happened With Delta Air Lines?
Delta Air Lines reported a fourth-quarter FY22 adjusted operating revenue growth of 8% from the fourth-quarter FY19 to $12.3 billion, and operating revenue on a GAAP basis was $13.4 billion, beating the consensus of $12.23 billion.
Meanwhile, adjusted EPS was $1.48 above the consensus of $1.33…Read More
According to data from Benzinga Pro, UAL has a 52-week high of $53.12 and a 52-week low of $30.54.