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United +2% after profit beat, satisfying guidance

Apr. 16, 2019 4:28 PM ETUnited Airlines Holdings, Inc. (UAL) StockUALBy: Clark Schultz, SA News Editor
  • United Continental (NASDAQ:UAL) is up 2.2% in AH trading after reporting quarterly results.
  • With most of UAL's Q1 numbers already disclosed, the focus of investors is on the guidance.
  • United anticipates FY19 EPS of $10.00 to $12.00 vs, $11.02 consensus and FY20 EPS of $11.00 to $13.00 vs. $12.02 consensus. Capacity growth of 3% to 5% is expected.
  • For Q1, unit revenue was 1.1% and EPS arrived in ahead of even the highest estimate of analysts at $1.15.
  • Previously: United Continental beats by $0.19, misses on revenue (April 16)

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