United Airlines Rallies 2.5% to $129.43 as Q2 EPS Forecast Hits $1.89
UAL•United Airlines shares climbed 2.5% to $129.43, ending a five-day slide and extending a 16% year-to-date gain. Analysts project Q2 EPS of $1.89 on $17.69 billion revenue (up 16.1% y/y), with next-day moves averaging 4.1% and an 8% swing anticipated.
1. Stock Performance Overview
United Airlines shares rose 2.5% to $129.43, snapping a five-day losing streak and extending a 16% year-to-date increase. The stock faces near-term resistance at the $130 level after suffering its fifth consecutive daily drop.
2. Q2 Earnings Projections
Analysts forecast second-quarter adjusted earnings per share of $1.89 on revenue of $17.69 billion, reflecting a 16.1% increase year-over-year. The company is scheduled to report results after market close on July 15.
3. Volatility, Sentiment and Short Interest
Next-day trading has seen an average 4.1% share move post-earnings over eight quarters, with an 8% swing anticipated this quarter. Of 24 analysts covering the stock, 22 maintain buy/strong buy ratings, while 15.21 million shares (4.7% of float) are sold short, requiring over two trading days to cover.
