“United Airlines jumps 17% on strong earnings forecast, cuts 2024 fleet plan on Boeing delays”
April 22, 2024
“United Airlines shares surged more than 17% Wednesday to a seven-month high after the carrier forecast second-quarter earnings well ahead of Wall Street estimates despite ongoing delivery delays from Boeing.
The airline expects to post earnings of between $3.75 and $4.25 in the second quarter, ahead of analysts’ estimates of about $3.76 a share. Airlines make the bulk of their profits in the second and third quarters, during peak travel season. The carrier also reiterated its full-year earnings forecast of between $9 and $11 a share…”
https://www.cnbc.com/2024/04/16/united-airlines-ual-1q-2024-earnings.html