News Formal

United Airlines Reports Earnings Today. What to Expect.

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 97%

Switzerland Nachrichten Nachrichten

Switzerland Neuesten Nachrichten,Switzerland Schlagzeilen

The company will begin a flurry of earnings in the sector after Delta kicked things off last week.

Airline stocks are in desperate need of some good news. Earnings season is unlikely to provide enough.

However, all that wasn’t enough to lift shares, which have now fallen 30% since their July peak. Higher jet fuel prices in the third quarter and rising oil prices in the near term as a result of the Israel-Hamas war are among the factors keeping pressure on airline stocks. Analysts are expecting adjusted earnings per share of $3.38 on revenue of $14.4 billion but beating those estimates probably won’t be enough. Investors will be closely watching United’s full-year earnings guidance, particularly after Delta trimmed its 2023 outlook. Delta now expects EPS of between $6 and $6.25 from a previous range of $6 to $7.

If larger carriers can’t boost their shares by posting strong profits, record revenue, and signaling robust demand, spare a thought for the low-cost carriers including JetBlue Airways , Spirit Airlines , and Frontier Airlines , which are all expected to post a loss.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 3. in CH

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Earnings playbook: Netflix and Goldman Sachs headline a big week of reportsExpectations for the overall earnings season are muted.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Tesla reports earnings this week, and it's 'all about margins'Many investors wonder ‘if Tesla can grow earnings at all’
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »

U.S. stocks jump ahead of a wave of corporate earnings reports, economic dataU.S. stocks jump ahead of a wave of corporate earnings reports, economic data
Herkunft: Investingcom - 🏆 450. / 53 Weiterlesen »

Johnson & Johnson Reports Earnings Tuesday. What to ExpectAn update in August after the split leaves investors with fewer questions for Tuesday's results.
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »

Goldman Sachs Reports Earnings Tuesday. What to Expect.The bank's profit in the third quarter is expected to fall by 32%, to $2 billion.
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »

Lockheed Martin Reports Earnings Tuesday. What To Expect.The company's shares are up about 10% since war broke out between Israel and Hamas.
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »