|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||51.97 - 52.88|
|52-week range||44.59 - 60.79|
|PE ratio (TTM)||10.47|
|Earnings date||9 Oct 2018 - 15 Oct 2018|
|Forward dividend & yield||1.22 (2.46%)|
|1y target est||67.47|
Alphabet got hit with a big fine; United Continental’s Q2 went just fine; and Amazon Prime Day defines what it means to pull off a successful marketing event.
United Continental Holdings (UAL) is having another good day: After a beat-and-raise quarter, the shares are climbing on an upgrade from Macquarie Thursday. Analyst Susan Donofrio raised her rating on the shares to Outperform from Neutral, with a $95 price target. Donofrio writes that United's management appears "more measured and thoughtful," adding to her confidence in the stock, although the real news, as we mentioned yesterday, was the capacity decreases. United "still has a long runway on revenue and cost initiatives...and operations are improving," she writes, as United was the best U.S. airline in terms of on-time departures last quarter.
United Airlines' growth strategy seems to be paying off. However, the company is still nowhere close to matching Delta Air Lines' profit margin.
PARIS (Reuters) - Air France-KLM (AIRF.PA) and its stakeholder and business partner China Eastern Airlines announced plans on Thursday to broaden their joint venture to take in new routes. The companies ...
United's shares jumped by more than 8 percent in intraday Wednesday after the parent company of the third-largest U.S. carrier topped second-quarter profit expectations and raised its outlook for the year.
Strong demand for air travel leads to Delta's (DAL) and United Continental's (UAL) impressive second-quarter performances.
It wasn't all good news: Share buybacks bumped up the bottom-line beat, and fuel costs jumped over 43% in the quarter. Way back in January, United's increased capacity spooked investors across the industry, and Delta Air Lines' (DAL) second-quarter earnings lift came largely from its lowered capacity, as airlines try to win back investors' trust. After all, even with strong demand for air travel, excess capacity on the supply-side means less pricing power for airlines, an issue that's more relevant than ever as fuel prices climb. On this score, United did well.
United Continental Holdings Inc. said its profit is rising despite surging jet fuel costs. The no. 3 U.S. carrier by traffic beat earnings forecasts on Tuesday and raised its profit outlook for the year. “These results are the strongest evidence yet that our strategic growth plan is working, and we are well positioned to carry our momentum into the second half of the year,” Chief Executive Oscar Munoz said in a press release.
United Continental Holdings Inc. jumped the most in almost two years, carrying other airlines along for the ride after boosting its profit outlook and easing investor fears that rising seat supply would outstrip demand. By contrast, Delta Air Lines Inc. and American Airlines Group Inc. have pared their profit projections, citing cost pressures from pricier jet fuel. The No. 3 U.S. airline also took a step back from the high end of its target for expanding flights and seats this year, tapping the brakes on an aggressive growth plan that spooked industry investors when it was announced in January.
Skytrax just announced the 2018 World Airline Awards, and Singapore Airlines carrier came out on top — beating out Middle East carriers like Qatar Airways and Emirates. But no U.S. carrier was on the top 10 list.
Delta Air Lines estimates it will need 8,000 pilots over the next decade and it's turning to its own employees and students to fill the gap in a broad initiative.
While Delta Air Lines (DAL) already reported second-quarter earnings and gave the sector a lift, this week we'll get two more reports, from United Continental Holdings (UAL) this afternoon and American Airlines Group (AAL) on Wednesday. Investors are likely starved for good news: Airline stocks have taken a hit this year, as high fuel prices and worries about capacity distract from the ongoing strong demand, and that's before thinking about what a trade war could mean for business flyers, who tend to favor the big three legacy airlines. Barclays' Brandon Oglenski takes a look at the sector ahead of United's and American's results, writing that a discussion about reducing capacity could help put a floor under the stocks, especially given low valuations and lower market expectations.
Rising fuel costs have put pressure on Delta's pretax margin in 2018, but the company is well-positioned to stabilize its profitability over the next couple of quarters.
Of the 18 analysts tracking Delta Air Lines (DAL), 94% recommend “buy,” and 6% recommend “hold.” Their consensus target price of $68.30 implies a 34.6% return based on DAL’s July 12 closing price. Although DAL’s Q2 2018 earnings and revenue beat analysts’ estimates, its downward revision of its fiscal 2018 EPS guidance to $5.35–$5.70 due to higher fuel prices prompted analysts to cut their target price for the stock.
In Q2 2018, Delta Air Lines (DAL) reported record second-quarter revenue of $11.77 billion (including third-party refinery sales). The revenue, which represents ~9.0% growth YoY (year-over-year), beat analysts’ expectation of $11.67 billion. Peers JetBlue Airways (JBLU), American Airlines (AAL), and Southwest Airlines (LUV) are projected to see revenue growth of 5.0%, 5.9%, and 0.5%, respectively, in Q2 2018.
Surging fuel costs leads yet another airline to cut its financial outlook, but most airline stocks rallied as analysts looked to increased ticket pricing to offset the fuel price increase.
Blizzards can hobble airports, but the unpredictable storms and extreme heat of summer months present airlines — and passengers— with some of the most challenging conditions of the year.
Delta (DAL) started off the Q2 earnings season positively for the airline industry. But with fuel costs rising throughout the airline industry, can United (UAL) mirror that success next week?
Delta Air Lines (DAL) announced its Q2 2018 earnings on July 12, reporting adjusted EPS of $1.77, an increase of 11.3% YoY (year-over-year). It beat analysts’ estimate of $1.72 comfortably, marking its second quarter of doing so this year.
Could we someday see American Airlines Group (AAL), United Continental Holdings (UAL), and Delta Air Lines (DAL) fly pilotless planes? Driverless cars haven't proven they can safely maneuver through the streets, and with the stakes higher for passenger planes, who'd want to take the risk. Most passenger planes require two pilots, and just reducing that to one pilot could be a $15 billion "profit opportunity," according to a new UBS report.
Delta Air Lines' (DAL) second-quarter earnings lifted the airline sector on Thursday. With more earnings results from the sector due out, airlines have a lot of work to do to improve investor sentiment, warns Cowen & Co. Analyst Helane Becker writes that airline stocks have faced a lot of pressure in 2018, due to high fuel costs, a competitive environment, and the lack of fare increases.
The national security of the U.S. relies on a healthy airline industry. According to the Federal Aviation Administration, there were about 827,000 pilots in the U.S. in 1987. The International Air Transport Association predicts that, over the next 20 years, air travel will double.
Delta Air Lines Inc. said it will boost fares and add fewer flights than planned, as carriers contend with a surge in fuel prices that is looming over flush times for the industry. Delta on Thursday posted second-quarter earnings than topped forecasts, with record revenue helping to offset a $578 million jump in its fuel bill, up 33% from a year earlier on an adjusted basis. Delta said its fuel bill in 2018 would be $2 billion higher than last year.