United Airlines Likely To Report Lower Q4 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

United Airlines Holdings, Inc. UAL is expected to release earnings results for its fourth quarter after the closing bell on Jan. 22, 2024.

Analysts expect the company to report quarterly earnings at $1.70 per share, down from $2.46 per share in the year-ago period. The company is projected to report revenue of $13.54 billion, compared to $12.4 billion in the year-earlier quarter, according to data from Benzinga Pro.

United Airlines recently revealed growth plans in Houston, including a $2.6 billion renovation and expansion of Terminal B at George Bush Intercontinental Airport (IAH).

United Airlines shares fell 2.4% to close at $38.82 on Friday.

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 upgraded the stock from Neutral to Positive with a price target of $60 on Jan. 10, 2024. This analyst has an accuracy rate of 66%.
• Raymond James analyst Savanthi Syth maintained an Outperform rating and cut the price target from $68 to $65 on Dec. 20, 2023. This analyst has an accuracy rate of 66%.
• JP Morgan analyst Jamie Baker maintained an Overweight rating and boosted the price target from $93 to $98 on Oct. 19, 2023. This analyst has an accuracy rate of 63%.
• Citigroup analyst Stephen Trent maintained a Buy rating and cut the price target from $76 to $71 on Oct. 19, 2023. This analyst has an accuracy rate of 62%.
• Jefferies analyst Sheila Kahyaoglu maintained a Hold rating and lowered the price target from $65 to $48 on Sept. 29, 2023. This analyst has an accuracy rate of 65%.

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