Equities research analysts expect United Airlines Holdings, Inc. (NYSE:UAL – Get Rating) to report sales of $10.77 billion for the current quarter, according to Zacks. Twenty analysts have issued estimates for United Airlines’ earnings, with estimates ranging from $9.73 billion to $11.66 billion. United Airlines reported sales of $5.47 billion during the same quarter last year, which would suggest a positive year over year growth rate of 96.9%. The company is expected to report its next quarterly earnings report on Monday, January 1st.
On average, analysts expect that United Airlines will report full year sales of $41.58 billion for the current fiscal year, with estimates ranging from $39.69 billion to $43.88 billion. For the next year, analysts expect that the firm will report sales of $48.11 billion, with estimates ranging from $45.08 billion to $51.86 billion. Zacks Investment Research’s sales averages are an average based on a survey of research analysts that cover United Airlines.
Separately, StockNews.com raised United Airlines from a “sell” rating to a “hold” rating in a research note on Thursday, April 21st.
About United Airlines (Get Rating)
United Airlines Holdings, Inc operates as a holding company with United Airlines, Inc as its principal, wholly-owned subsidiary. It transports people and cargo throughout North America and to destinations in Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The firm, through United and its regional carriers, operates across six continents, with hubs at Newark Liberty International Airport (Newark), Chicago O’Hare International Airport (Chicago O’Hare), Denver International Airport (Denver), George Bush Intercontinental Airport (Houston Bush), Los Angeles International Airport (LAX), A.B.
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