Previous Close | 46.55 |
Open | 47.72 |
Bid | 45.82 x 1000 |
Ask | 0.00 x 900 |
Day's Range | 47.15 - 48.19 |
52 Week Range | 30.60 - 49.81 |
Volume | |
Avg. Volume | 10,091,091 |
Market Cap | 30.898B |
Beta (5Y Monthly) | 1.43 |
PE Ratio (TTM) | 6.14 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | 0.40 (0.84%) |
Ex-Dividend Date | Feb 23, 2024 |
1y Target Est | N/A |
Airlines followed UAL stock higher Wednesday. United Airlines reported a better-than-expected loss despite Boeing issues.
It has been a turbulent few weeks for airlines but earnings season could prove to be a turning point. United Airlines shares jumped 11.1% to $46.12 in early trading, the best-performing stock in the The move came after the carrier posted its earnings late Tuesday. American Airlines up 4% Delta Air Lines up 2.5%, and Southwest Airlines which rose 2.3%, were also among the biggest risers.
United Airlines has had more than its fair share of problems in recent months, but its first-quarter financial results included better-than-expected revenue and earnings. United reported a net loss of $124 million, or 38 cents a share, and an adjusted net loss of $50 million, or 15 cents a share. Because of its exposure to Boeing’s temporarily-grounded MAX 9 aircraft, United had forecast a loss of between 85 cents and 35 cents a share.