United Airlines (UAL) Set to Announce Earnings on Tuesday

United Airlines (NASDAQ:UAL - Get Free Report) will release its earnings data after the market closes on Tuesday, October 15th. Analysts expect United Airlines to post earnings of $3.09 per share for the quarter. Investors that wish to listen to the company's conference call can do so using this link.

United Airlines (NASDAQ:UAL - Get Free Report) last issued its quarterly earnings data on Wednesday, July 17th. The transportation company reported $4.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.97 by $0.17. United Airlines had a net margin of 5.28% and a return on equity of 33.90%. The firm had revenue of $14.99 billion during the quarter, compared to the consensus estimate of $15.04 billion. During the same quarter in the previous year, the firm posted $5.03 EPS. The company's revenue for the quarter was up 5.7% compared to the same quarter last year. On average, analysts expect United Airlines to post $10 EPS for the current fiscal year and $11 EPS for the next fiscal year.

United Airlines Price Performance

NASDAQ UAL traded up $0.83 during trading hours on Tuesday, reaching $60.01. The company's stock had a trading volume of 7,004,965 shares, compared to its average volume of 8,511,191. The company has a quick ratio of 0.71, a current ratio of 0.77 and a debt-to-equity ratio of 2.07. The company has a market capitalization of $19.73 billion, a price-to-earnings ratio of 7.42, a PEG ratio of 1.23 and a beta of 1.44. The firm's 50-day moving average price is $47.06 and its 200-day moving average price is $48.54. United Airlines has a 1 year low of $33.68 and a 1 year high of $61.62.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. TD Cowen raised their target price on shares of United Airlines from $65.00 to $80.00 and gave the stock a "buy" rating in a report on Wednesday, July 17th. Jefferies Financial Group raised their target price on shares of United Airlines from $69.00 to $75.00 and gave the company a "buy" rating in a research report on Wednesday, October 2nd. Two research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to MarketBeat, United Airlines has an average rating of "Moderate Buy" and a consensus target price of $73.55.

United Airlines Company Profile

United Airlines Holdings, Inc, through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company transports people and cargo through its mainline and regional fleets. It also offers catering, ground handling, flight academy, and maintenance services for third parties.