United Airlines Holdings, Inc. has reported varied performances for its Q1 and Q2 Earnings in 2024. While it surpassed earnings expectations, it failed to meet revenue estimates. Despite this mixed performance and the global IT outage, the company's stock has shown resilience. The company's shares have outperformed peers on days of strong trading, but also endured losses compared to competitors on other days. Institutional investors such as Sei Investments Co., Russell Investments Group Ltd, and Texas Permanent School Fund Corp, have expanded their stake in UAL. However, others like Bleakley Financial Group LLC and Geneos Wealth Management Inc. have reduced their holdings. In terms of future prospects, the outlook appears mixed, with deep discounts stinging profits, and the company's intrinsic value estimated to be significantly above its share price. Furthermore, some brokerages like TD Cowen have increased UAL's price target, but the company's shares have seen strong trading volume post-earnings. Meanwhile, the company is making strategic decisions for its future direction while dealing with industry shifts.
United Airlines Holdings UAL News Analytics from Tue, 23 Jan 2024 08:00:00 GMT to Sun, 21 Jul 2024 11:47:52 GMT -
Rating -1
- Innovation 3
- Information 8
- Rumor 1
