United Airlines Holdings, Inc. UAL will release earnings results for its third quarter before the opening bell on Tuesday, Oct. 15.
Analysts expect the Chicago, Illinois-based bank to report quarterly earnings at $3.17 per share, down from $3.65 per share in the year-ago period. United Airlines projects to report revenue of $14.78 billion for the recent quarter, compared to $14.44 billion a year earlier, according to data from Benzinga Pro.
The company, last week, unveiled its largest international expansion, adding service to eight new cities. Beginning in May 2025, the airline plans to launch five new nonstop flights from its Newark/New York hub to destinations not served by other U.S. airlines.
United Airlines shares gained 2.8% to close at $63.53 on Monday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.
- Susquehanna analyst Christopher Stathoulopoulos maintained a Positive rating and raised the price target from $60 to $70 on Oct. 9. This analyst has an accuracy rate of 75%.
- Jefferies analyst Sheila Kahyaoglu maintained a Buy rating and raised the price target from $69 to $75 on Oct. 2. This analyst has an accuracy rate of 68%.
- Citigroup analyst Stephen Trent maintained a Buy rating and raised the price target from $80 to $96 on May 29. This analyst has an accuracy rate of 70%.
- Raymond James analyst Savanthi Syth maintained an Outperform rating and raised the price target from $66 to $70 on April 18. This analyst has an accuracy rate of 65%.
Considering buying UAL stock? Here’s what analysts think:
Read This Next:
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.