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Stock impact report

Strength Seen in United (UAL): Can Its 7.9% Jump Turn into More Strength? [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 compares to the stock's 2% loss over the past four weeks. The uptick came after the U.S. and Iran agreed to a two-week ceasefire, easing concerns over disruptions in the Strait of Hormuz. Oil prices also fell on the news of the ceasefire, providing further strength to airline stocks, including United Airlines. This airline is expected to post quarterly earnings of $1.13 per share in its upcoming report, which represents a year-over-year change of +24.2%. Revenues are expected to be $14.24 billion, up 7.8% from the year-ago quarter. While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For United, the consensus EPS estimate for the quarter has been revised 32.9% lower over the last 30 days to the current level. And a negative trend in earnings estimate revisions doesn't usually translate int Show less Read more
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