United Continental Holdings Third Quarter Earnings Sneak Peek
United Continental Holdings Inc (NYSE:UAL) will unveil its latest earnings tomorrow, Thursday, January 24, 2013. United Continental Holdings engages in the provision of passenger and cargo air transportation services.
United Continental Holdings Inc Earnings Preview Cheat Sheet
Wall St. Earnings Expectations: The average estimate of analysts is for net loss of 54 cents per share, up from net income of 30 cents in the year-earlier quarter. During the past three months, the average estimate has moved down from 23 cents. Between one and three months ago, the average estimate moved down. It also has dropped from a loss of 26 cents during the last month. Analysts are projecting profit to rise by 53.9% compared to last year’s $1.61.
Past Earnings Performance: Last quarter, the company missed estimates by 10 cents, coming in at profit of $1.35 per share against an estimate of net income of. In the first quarter, the company also missed expectations.
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A Look Back: In the second quarter, profit fell 37% to $339 million (89 cents a share) from $538 million ($1.39 a share) the year earlier, missing analyst expectations. Revenue rose 1.3% to $9.94 billion from $9.81 billion.
Here’s how United Continental Holdings traded following its last earnings report 3 months ago and leading up to its upcoming earnings report this week: