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-0.000483255154357943 -0.000483255154357943 -0.000218173884585972 0.000436347769172098 0.000545434711465007 -0.00109086942293001 -0.00109086942293001 -0.00109086942293001
Stock impact report

United Airlines Slumps as CEO Flags Q1 Earnings Pressure [Yahoo! Finance]

United Airlines Holdings, Inc. (UAL) 
Last united airlines holdings, inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.united.com
Company Research Source: Yahoo! Finance
This article first appeared on GuruFocus United Airlines ( NASDAQ:UAL ) shares fell by 3% on Friday after CEO Scott Kirby warned that rising jet fuel costs linked to the U.S.-Iran conflict could weigh on first-quarter results. Kirby, speaking at a Harvard University event Thursday, said jet fuel, the largest expense for airlines after labor, surged to $3.95 per gallon, up 58% from the prior week. The company does not hedge fuel costs, leaving it exposed to spot price swings. He added that even hedged carriers face challenges managing the crack spread, the gap between crude oil and refined products like jet fuel. Warning! GuruFocus has detected 4 Warning Sign with UAL. Is UAL fairly valued? Test your thesis with our free DCF calculator. Despite cost pressures, Kirby noted resilient travel demand, with booked revenue about 20% higher than the prior year. He cautioned that elevated fuel prices could impact results beyond Q1 and potentially extend into the second quarter, signa Show less Read more
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