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0 -0.0014399645547186 -6.42445724412227E-05 0 -0.0014399645547186 -0.000886132033672998 -0.000276916260522723 -0.000886132033672998
Stock impact report

US airline stocks near potential bottom as UBS cuts estimates on rising fuel costs [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
Shares of major US airlines have tumbled in recent weeks, but UBS analysts say the worst may be over even as elevated jet fuel prices force the bank to slash earnings estimates and price targets across the sector. Several carriers are expected to preannounce first-quarter results this week, with UBS projecting most to hit the midpoint of guidance despite the recent fuel spike. “Fuel spiked in early March, but airlines tend to hold two weeks of fuel inventory, implying higher fuel will impact only about 15 days of 1Q,” analysts wrote. “This should cushion the drag to 1Q EPS.” United Airlines Holdings Inc (NASDAQ:UAL, XETRA:UAL1) is expected to benefit from cost savings and strong revenue per available seat mile (RASM), while American Airlines Group Inc (NASDAQ:AAL, XETRA:A1G) may see earnings fall toward the lower end of guidance due to higher fuel sensitivity. Delta Air Lines Inc (NYSE:DAL) and Alaska Air Group (NYSE:ALK) are likely to report near the midpoint, with Southwest A Show less Read more
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