Market News

UAL Jumps in After-Hours Trading with Earnings Beat

Shares of United Airlines (NASDAQ:UAL) gained in after-hours trading after the company reported earnings for its fourth quarter of Fiscal Year 2022. Earnings per share came in at $2.46, which beat analysts’ consensus estimate of $2.11 per share. Sales increased by 31% against three years ago, with revenue hitting $12.4 billion. This beat analysts’ expectations of $12.33 billion.

Looking forward, management now expects revenue and adjusted earnings per share for Q1 2023 to be in the range of $0.50 to $1.00. For reference, analysts were expecting an adjusted EPS of $0.22.

Overall, Wall Street has a consensus price target of $56.20 on United Airlines stock, implying 9.77% upside potential, as indicated by the graphic below.


Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More