United Continental Holdings (UAL) is expected to report Q2 earnings Thursday, July 26 before the market open, with a conference call scheduled for 10:30 am ET.
Analysts are looking for EPS of $1.70 on revenue of $10.04B. The consensus range is $1.60-$1.80 for EPS, and $9.93B-$10.2B for revenue, according to First Call. The company posted positive Q1 results, beating both EPS and revenue estimates. Quarterly consolidated traffic figures have been positive, with April up 0.9%, May up 0.3% and June up 0.1%, respectively. The company expects its Q2 consolidated passenger revenue per available seat mile, or PRASM, to increase between 3.2%-4.2% on a year-over-year basis. Sentiment on the Street has been mixed over the past three months. The shares have traded in a choppy pattern since Q1 results were released in April. They approached 52-week highs in late May, but have fallen about 17% since then.