United Continental (NYSE:UAL) issued an update on its FY18 earnings guidance on Tuesday morning. The company provided EPS guidance of $7.00-8.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $7.67.
Shares of NYSE UAL traded up $0.03 during trading on Tuesday, reaching $67.34. 4,728,083 shares of the company traded hands, compared to its average volume of 4,593,158. The firm has a market capitalization of $18,943.97, a P/E ratio of 9.96 and a beta of 0.87. United Continental has a 12-month low of $56.51 and a 12-month high of $83.04. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.49 and a current ratio of 0.56.
United Continental (NYSE:UAL) last released its quarterly earnings data on Monday, April 16th. The transportation company reported $0.50 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.07 by $0.43. The business had revenue of $9.03 billion during the quarter, compared to analyst estimates of $9.01 billion. United Continental had a return on equity of 23.40% and a net margin of 5.65%. The company’s revenue was up 7.2% on a year-over-year basis. During the same quarter last year, the business posted $0.31 EPS. analysts forecast that United Continental will post 7.82 earnings per share for the current year.
In other United Continental news, Director Edward Shapiro purchased 25,000 shares of the business’s stock in a transaction that occurred on Thursday, March 15th. The stock was purchased at an average price of $70.65 per share, for a total transaction of $1,766,250.00. Following the purchase, the director now directly owns 37,707 shares in the company, valued at $2,663,999.55. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.27% of the stock is owned by insiders.
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United Continental Company Profile
United Continental Holdings, Inc, together with its subsidiaries, provides air transportation services in North America, the Asia-Pacific, Europe, the Middle East, Africa, and Latin America. It transports people and cargo through its mainline and regional operations. As of December 31, 2017, the company operated a fleet of 1,262 aircraft.
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