BUZZ-United Airlines up after forecasting upbeat first-quarter profit
ReutersJan 21, 2025 9:25 PM
Shares of United Airlines Holdings UAL.O rise nearly 3% to about $110 in extended trading
Company sees Q1 2025 adj. profit per share to be between 75 cents and $1.25, vs analysts' expectations of 54 cents per share, according to data compiled by LSEG
"We enter 2025 with demand trends continuing to accelerate" - CEO Scott Kirby
Company posts Q4 operating revenue of $14.7 bln vs analysts' estimates of $14.5 bln
Reports Q4 adj. EPS of $3.26 vs estimates of $3
Twenty-two of 23 brokerages rate the stock "buy" or higher, one rates "hold"; their median PT is $125
(Reporting by Aishwarya Jain in Bengaluru)
((Aishwarya.Jain@thomsonreuters.com;))
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