United Continental (NASDAQ:UAL) will be issuing its quarterly earnings data after the market closes on Tuesday, October 15th. Analysts expect the company to announce earnings of $3.92 per share for the quarter. United Continental has set its FY 2019 guidance at $10.50-12.00 EPS and its FY19 guidance at $10.50-12.00 EPS.Parties that are interested in participating in the company’s conference call can do so using this link.
United Continental (NASDAQ:UAL) last released its quarterly earnings data on Tuesday, July 16th. The transportation company reported $4.21 earnings per share for the quarter, beating the Zacks’ consensus estimate of $4.07 by $0.14. United Continental had a return on equity of 29.33% and a net margin of 6.22%. The business had revenue of $11.40 billion during the quarter, compared to analyst estimates of $11.37 billion. During the same quarter last year, the business posted $3.23 EPS. The company’s revenue was up 5.8% on a year-over-year basis. On average, analysts expect United Continental to post $12 EPS for the current fiscal year and $13 EPS for the next fiscal year.
NASDAQ:UAL opened at $87.15 on Friday. United Continental has a 52 week low of $77.02 and a 52 week high of $97.85. The company has a quick ratio of 0.49, a current ratio of 0.55 and a debt-to-equity ratio of 1.76. The stock has a market capitalization of $22.21 billion, a PE ratio of 9.55, a price-to-earnings-growth ratio of 0.35 and a beta of 1.20. The stock’s 50-day moving average price is $86.49 and its 200-day moving average price is $86.19.
A number of equities research analysts have recently commented on the company. Buckingham Research raised their target price on United Continental from $111.00 to $120.00 and gave the company a “buy” rating in a research report on Tuesday, July 16th. Morgan Stanley dropped their target price on United Continental from $108.00 to $103.00 and set an “overweight” rating on the stock in a research report on Thursday. JPMorgan Chase & Co. restated a “buy” rating on shares of United Continental in a research report on Friday, September 13th. ValuEngine cut United Continental from a “hold” rating to a “sell” rating in a research report on Saturday, October 5th. Finally, Zacks Investment Research upgraded United Continental from a “hold” rating to a “buy” rating and set a $86.00 target price on the stock in a research report on Friday, August 16th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and thirteen have issued a buy rating to the company. United Continental presently has a consensus rating of “Buy” and an average target price of $102.88.
About United Continental
United Continental 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.
Read More: Index Funds
Receive News & Ratings for United Continental Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Continental and related companies with MarketBeat.com's FREE daily email newsletter.