United is expected to report earnings of $2.65/share on revenue of $10.876 billion. The consensus earnings per share (EPS) of $2.65/share is based on a poll of 18 analysts and represents a growth of 10.1% over the same quarter last year when the company reported earnings of $2.41/share.
The revenue forecast of $10.876 billion based on a poll of 13 analysts implies a year-over-year (YoY) growth of 3.7%. Last year the company reported $10.491 billion in revenue for the quarter.
|Metric||Expected||Prior Year||YoY Change|
Earnings Call Trends
Historically, management has exceeded analyst expectations 7 out of the last 8 tracked quarters, and missed expectations 1 quarter.
What are your expectations from United Airlines for earnings this quarter? Let us know in the comments!
In the following table, we summarize the company’s stock price movements after earnings releases. The “Price Day Prior” column shows the closing stock price on the day before the earnings report, and the “Price Next Day” column shows the stock price at the end of the trading day after the earnings report. After the last earnings report for the period ending September 30, 2019, the stock price reacted by increasing by 3.1%.
|Report Date||Price Day Prior||Price Next Day||Change %||Result|
Fundamentals And Technical Analysis
United Airlines is currently trading at $89.70/share, up 0.2% for the day. The company is trading at approximately 93.4% of its 52-week high of $96.03/share. The company’s stock price is flat since the last earnings report and up 3.2% over the previous week. The company’s 14 Day Relative Price Index (RSI) of 53.17 suggests the company is trading in technically neutral territory. The RSI is considered overbought when above 70 and oversold when below 30.
United Airlines’ current share price also implies a price-to-book (P/B) multiple of 2.0x. The following table summarizes some other key fundamental ratios:
|Last Fiscal Period||FY2019.Q3|
|Period End Date||September 30, 2019|
|Stock Price (Current)||$89.70|
|P/E Ratio (Fwd)||7.3x|
|Total Debt to Capital (%)||47.0%|
|Levered Free Cash Flow||$1.857 billion|
|Enterprise Value / EBITDA||5.6x|
Company Profile: United Airlines Holdings, Inc.
United Airlines Holdings, Inc. is a large-cap stock with a market capitalization of $22.698 billion and a total enterprise value of $37.712 billion. The company operates in the Industrials sector and the Airlines industry.
United Airlines Holdings, Inc., through its subsidiaries, provides air transportation services in North America, Asia, Europe, the Middle East, and Latin America. It transports people and cargo through its mainline and regional operations. As of December 31, 2018, the company operated a fleet of 1,329 aircraft. It also sells fuel; and offers catering, ground handling, and maintenance services for third parties. The company was formerly known as United Continental Holdings, Inc. and changed its name to United Airlines Holdings, Inc. in June 2019. United Airlines Holdings, Inc. was founded in 1934 and is headquartered in Chicago, Illinois.