United Airlines (UAL) is set to report earnings.
Latest Capital IQ consensus: United Airlines to report a loss of $0.73/share (compared to $4.24 loss/share YoY) on a 51.1% YoY increase in revenue to $11.43bn
CLIFF NOTES:
Q1 guidance lowered on March 13, projecting loss between $1.00-$0.60 due to potential new collective bargaining agreement with employees
Management may provide updates on agreement reached in principle with machinists union on March 29, recent bookings, and summer expectations
Expanded network to South Island of New Zealand on April 18, may offer additional commentary
Citigroup added stock to 30-Day Catalyst Watch list on April 5; Barclays upgraded stock to Overweight from Equal Weight with a $80 target on March 10; BNP Paribas upgraded stock to Outperform from Underperform with a $70 target on March 7
TECHS TLDR:
United Airlines trades at 4.7x forward earnings expectations, a discount compared to American Airlines (AAL), Alaska Air (ALK), and Delta Air Lines (DAL)
If you liked this content please click the ❤️ below and/or share this post.
SHAMLESS PLUGS
CLICK HERE TO CHECK OUT MY 2022 PREVIEW OPINION PACKET. OVER 80 PAGES OF CONTENT AND INFORMATION AVAILABLE HERE.
TOTALLY FREE Trading Packet!
Click here to get my packet that shows you how I traded $600 into $100K FOR FREE.
This packet will explain to you in depth how I trade and how I manage my risk.
I am happy to share this. Just use the code KPAKFRAUD at checkout and you will get it TOTALLY FREE. You will pay absolutely nothing.
Check out the latest episodes on my YouTube above.