United Airlines (UAL) Gains As Market Dips: What You Should Know

United Airlines (UAL) Gains As Market Dips: What You Should Know
This story originally appeared on Zacks

United Airlines (UAL) closed at $46.25 in the latest trading session, marking a +1.67% move from the prior day. The stock outpaced the S&P 500’s daily loss of 0.06%. Meanwhile, the Dow gained 0.59%, and the Nasdaq, a tech-heavy index, lost 0.3%.

United Airlines (UAL) Gains As Market Dips: What You Should Know – Zacks

Coming into today, shares of the airline had gained 3.41% in the past month. In that same time, the Transportation sector gained 4.02%, while the S&P 500 gained 5.76%.

Wall Street will be looking for positivity from United Airlines as it approaches its next earnings report date. The company is expected to report EPS of -$2.16, up 69.14% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $7.94 billion, up 132.85% from the prior-year quarter.

Investors might also notice recent changes to analyst estimates for United Airlines….

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