Latest news with #UAL
Yahoo
21-07-2025
- Business
- Yahoo
United Airlines Holdings, Inc. (UAL) Reports Q2 Results; UBS Maintains ‘Buy' Rating with $103 Price Target
Trading at a low P/E multiple with potential upside for investors, United Airlines Holdings, Inc. (NASDAQ:UAL) is among the . Pixabay/Public Domain On July 17, 2025, United Airlines Holdings, Inc. (NASDAQ:UAL) disclosed its Form 10-Q for Q2 2025 ended June 30, 2025. The company's operating revenue increased by 1.7% on a YoY basis, reaching $15.2 billion. Higher passenger volumes and expanded capacity led to this revenue surge. However, operating income and net income fell by 31.3% and 26.4%, respectively, due to rising operational expenses. The company reported a decline in its earnings per share (EPS), which reached $3 per share. Meanwhile, passenger revenue experienced a modest gain of 1.1%, while cargo and other segments experienced stronger gains. International markets outperformed the domestic passenger segment. Furthermore, a drop in load factors and an increase in service-related costs hampered efficiency, despite a 15.2% drop in fuel prices. Following this announcement, there was a boost in investor and analyst sentiment. As such, UBS posted an update on the same day, reiterating its 'Buy' rating and $103 price target on United Airlines Holdings, Inc. (NASDAQ:UAL). The analyst also revised its EPS guidance to a range of $9 to $11, meeting buy-side expectations. United Airlines Holdings, Inc. (NASDAQ:UAL) is an air carrier, offering transportation services for people and cargo globally. It is on the list of cheap transportation stocks. While we acknowledge the potential of UAL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: Billionaire Kerr Neilson's 10 Stock Picks with Huge Upside Potential and . Disclosure: None.
Yahoo
19-07-2025
- Business
- Yahoo
United Airlines Tops Q2 Earnings Estimates on Low Fuel Cost
United Airlines Holdings, Inc. (UAL) reported mixed second-quarter 2025 results wherein the company's earnings beat the Zacks Consensus Estimate, but revenues missed the same. UAL's second-quarter 2025 adjusted earnings per share (EPS) (excluding 90 cents from non-recurring items) of $3.87 surpassed the Zacks Consensus Estimate by a penny but declined 6.5% on a year-over-year basis. The reported figure lies within the guided range of $3.25-$4.25. Operating revenues of $15.2 billion fell short of the Zacks Consensus Estimate of $15.4 billion but increased 1.7% year over year. Passenger revenues (which accounted for 90.8% of the top line) increased 1.1% year over year to $13.8 billion. UAL flights transported 46,186 passengers in the second quarter, up 4.1% year over year. Cargo revenues grew 3.8% year over year to $430 million. Revenues from other sources rose 8.8% year over year to $970 million. UAL's diverse revenue sources contributed to its second-quarter results. These include premium cabin revenues, which went up 5.6% year over year, revenue from Basic Economy (up 1.7% year over year), cargo revenues (up 3.8%) and loyalty revenues (up 8.7%). United Airlines Holdings Inc Price, Consensus and EPS Surprise United Airlines Holdings Inc price-consensus-eps-surprise-chart | United Airlines Holdings Inc Quote UAL's chief executive officer, Scott Kirby, stated, "Our second-quarter performance was more proof that the United Next strategy is working. I am extremely proud of the team for executing a strong operation and navigating through a volatile macroeconomic period, while still growing earnings and pre-tax margin for the first half of the year. Importantly, United saw a positive shift in demand beginning in early July, and, like 2024, anticipates another inflection in industry supply in mid-August. The world is less uncertain today than it was during the first six months of 2025 and that gives us confidence about a strong finish to the year." Other Details of UAL's Q2 Earnings Report Below, we present all comparisons (in % terms) with the second quarter of 2024 figures unless otherwise stated. Airline traffic, measured in revenue passenger miles, grew 4.5%. Capacity, measured in available seat miles, expanded 5.9%. Although traffic improved year over year, it failed to outpace capacity expansion. As a result, the consolidated load factor (percentage of seats filled by passengers) declined 1.1 points on a year-over-year basis to 83.1%. We had expected the consolidated load factor to be 79.5%. Consolidated passenger revenue per available seat mile (a key measure of unit revenues) inched down 4.5% year over year. Total revenue per available seat mile decreased 4% year over year. The average yield per revenue passenger mile fell 3.2% year over year to 19.74 cents. The average aircraft fuel price per gallon fell 15.3% year over year to $2.34. Fuel gallons consumed were up 4.7% year over year. Operating expenses (on a reported basis) increased 6.5% year over year to $13.9 billion. Consolidated unit cost or cost per available seat mile, excluding fuel, third-party business expenses, profit-sharing and special charges, inched up 2.2% year over year to 12.36 cents. UAL exited the second quarter with cash and cash equivalents of $9.35 billion compared with $9.37 billion at the prior-quarter end. Long-term debt, finance leases and other financial liabilities were $20.8 billion compared with $24.4 billion at the first-quarter end. UAL repurchased $0.2 billion of shares in the second quarter of 2025. UAL generated $1.13 billion of free cash flow in the June quarter. UAL's Outlook UAL anticipates less geopolitical and macroeconomic uncertainty in the second half of 2025, with demand inflection beginning in early July with a 6-point acceleration in booking demand. For third-quarter 2025, UAL anticipates adjusted EPS between $2.25 and $2.75. The Zacks Consensus Estimate of $2.70 lies within the guidance. For 2025, UAL now expects adjusted EPS between $9.00 and $11.00. The Zacks Consensus of $10.07 lies within the updated guidance. The updated 2025 EPS guidance comes in contrast with UAL's prior 2025 dual EPS guidance unveiled during first-quarter 2025 (for a stabilized environment, 2025 adjusted EPS is expected to be between $11.50 and $13.50; for a recessionary environment, 2025 adjusted EPS is expected to be between $7 and $9). UAL expects adjusted capital expenditures to be less than $6.5 billion. UAL's Zacks Rank Currently, UAL carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Q2 Performances of Other Transportation Companies Delta Air Lines (DAL) reported second-quarter 2025 earnings (excluding $1.17 per share from non-recurring items) of $2.10 per share, which beat the Zacks Consensus Estimate of $2.04. Earnings decreased 11% on a year-over-year basis due to high labor costs. Revenues in the June-end quarter were $16.65 billion, beating the Zacks Consensus Estimate of $16.2 billion and decreasing marginally on a year-over-year basis. Adjusted operating revenues (excluding third-party refinery sales) increased 1% year over year to $15.5 billion. J.B. Hunt Transport Services, Inc. (JBHT) reported second-quarter 2025 earnings of $1.31 per share, which missed the Zacks Consensus Estimate of $1.34 and declined 0.8% year over year. Total operating revenues of $2.93 billion missed the Zacks Consensus Estimate of $2.94 billion and were flat year over year. JBHT's second-quarter revenue performance witnessed a 6% increase in Intermodal (JBI) loads, a 13% increase in Truckload (JBT) loads, a 3% increase in Dedicated Contract Services (DCS) productivity and a 6% increase in Integrated Capacity Solutions (ICS) revenue per load. These items were offset by Final Mile Services revenue declining 10%, lower revenue per load in both JBI and JBT, a 9% decrease in ICS load volume and a 3% decline in average trucks in DCS. Total operating revenues, excluding fuel surcharge revenue, increased 1% on a year-over-year basis. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Delta Air Lines, Inc. (DAL) : Free Stock Analysis Report United Airlines Holdings Inc (UAL) : Free Stock Analysis Report J.B. Hunt Transport Services, Inc. (JBHT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
18-07-2025
- Business
- Yahoo
United's Cost Discipline Shines as UBS Boosts Estimates
Thomas Wadewitz at UBS saw United Airlines (NASDAQ:UAL) cautious EPS guide as a green flag for Newark's recovery and rising corporate travel, so he boosted his price target to $114 and tweaked EPS forecasts. He now pegs Q4 EPS at $2.90 and FY 26 at $14.25, reflecting tight cost discipline. United held unit costs excluding fuel to just 2.2% growth even after front?loading flight attendant signing bonuses. Warning! GuruFocus has detected 3 Warning Sign with UAL. That efficiency stemmed from strong network operations as capacity climbs five to six percent. United expects unit costs ex fuel to stay near 2.5% in the second half as demand picks up. All eyes are on next week's results from Delta, American, Southwest and JetBlue. How United balances improving demand with cost control will decide if UBS's bullish outlook holds. This article first appeared on GuruFocus.
Yahoo
18-07-2025
- Business
- Yahoo
United's Cost Discipline Shines as UBS Boosts Estimates
Thomas Wadewitz at UBS saw United Airlines (NASDAQ:UAL) cautious EPS guide as a green flag for Newark's recovery and rising corporate travel, so he boosted his price target to $114 and tweaked EPS forecasts. He now pegs Q4 EPS at $2.90 and FY 26 at $14.25, reflecting tight cost discipline. United held unit costs excluding fuel to just 2.2% growth even after front?loading flight attendant signing bonuses. Warning! GuruFocus has detected 3 Warning Sign with UAL. That efficiency stemmed from strong network operations as capacity climbs five to six percent. United expects unit costs ex fuel to stay near 2.5% in the second half as demand picks up. All eyes are on next week's results from Delta, American, Southwest and JetBlue. How United balances improving demand with cost control will decide if UBS's bullish outlook holds. This article first appeared on GuruFocus.
Fashion United
18-07-2025
- Entertainment
- Fashion United
Off-White's IB Kamara receives honorary doctorate from CSM
IB Kamara, the creative director for Off-White, has been named among the recipients of an honorary doctorate from Central Saint Martins (CSM). Kamara is an alum of the institute, part of the University of the Arts London (UAL), and is one of 12 individuals to receive such an honour this year. Designer Torishéju Dumi, founder of her namesake label and London Fashion Week regular, is also among the recipients. Others include writers, curators, artists, actresses and researchers. Kamara and Dumi received their respective doctoral degrees during one of the ongoing UAL Graduation Ceremonies, which are being held at Royal Festival Hall, in Southbank, London, between July 15 to 18. Kamara himself is being recognised for his multitude of roles across the creative industries, from fashion design to work in music and film direction. Among his accolades, Kamara has served as a costume stylist on Sampha's short film 'Process', styled a Stella McCartney campaign and was a consulting stylist for brands such as Chanel and Kenzo. Kamara currently serves as creative director for Off-White, the LVMH-owned brand founded by the late Virgil Abloh, and editor-in-chief of Dazed. In a release, CSM said: 'The 12 recipients of this year's UAL honorary awards are influential creatives and esteemed artists whose work is known internationally.'
