United Airlines Reports Earnings Today. What to Expect.

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.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

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

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

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
مصدر: Investingcom - 🏆 450. / 53 اقرأ أكثر »

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

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.
مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »

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