United Continental (UAL) trades higher after quarterly earnings beat

NYSE: UAL | United Continental Holdings, Inc. News, Ratings, and Charts

UAL – Shares of United Continental Holdings Inc. rose more than 5% in the extended session Tuesday.

Shares of United Continental Holdings Inc. UAL, +5.85% rose more than 5% in the extended session Tuesday after the airline beat Wall Street’s adjusted earnings and revenue expectations. United said it earned $462 million, or $1.70 a share, in the quarter, compared with $579 million, or $1.98 a share, in the year-ago period. Adjusted for one-time items, United earned $657 million, or $2.41 a share, compared with $1.44 a share a year ago. Operating revenue rose to $10.5 billion from $9.5 billion a year ago. Analysts polled by FactSet had expected adjusted earnings of $2.01 a share on sales of $10.3 billion. “United delivered proof, not just promises in 2018 – even in the face of significant headwinds from higher than expected fuel costs,” Chief Executive Oscar Munoz said in a statement. Shares of United ended the regular trading session up 1.6%.

United Continental Holdings Inc. shares rose $4.89 (+6.02%) in after-hours trading Tuesday. Year-to-date, UAL has declined -3.02%, versus a 4.17% rise in the benchmark S&P 500 index during the same period.

UAL currently has a StockNews.com POWR Rating of C (Neutral), and is ranked #7 of 21 stocks in the Airlines category.

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UAL at a Glance

UAL Current POWR Rating™
Overall POWR Rating™
UAL Current Price $88.31 0.18%
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UAL Price Reaction

The day of this event (Jan. 15, 2019)
UAL Closing Price$81.20 1.61%
UAL Volume5,971,800
56.54% from avg
Leading up to this event
UAL 1-mo returnN/A%
After this event
UAL 1-day return7.47%
UAL 3-day return6.64%
UAL 5-day return3.58%

UAL Price Chart

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