United Continental Holdings (UAL) is expected to report Q3 earnings Thursday, October 27 before the market open, with a conference call scheduled for 10:30 am ET.
Analysts are looking for EPS of $2.08 on revenue of $10.14B. The consensus range is wide at $1.90-$2.17 for EPS, and $10.03B-$10.20B for revenue, according to First Call. United recently merged with Continental and this will be the third earnings report for the combined firm. Quarterly traffic figures have been weak, with July, August, and September results down 0.1%, 2.7%, and 1.7%, respectively. Sentiment on the street has been mixed with several upgrades and downgrades during the quarter. The shares have traded sideways since late July, moving in a narrow range, while bouncing off a 52-week low of $15.92 made in early August. They currently sit at approximately the same level as they did prior to the release of Q2 results.