Equities research analysts expect that United Continental Holdings, Inc. (NYSE:UAL) will post earnings per share of $0.96 for the current quarter, Zacks reports. Five analysts have issued estimates for United Continental Holdings’ earnings. The highest EPS estimate is $1.15 and the lowest is $0.83. United Continental Holdings posted earnings of $1.78 per share in the same quarter last year, which suggests a negative year over year growth rate of 46.1%. The firm is expected to announce its next quarterly earnings results on Tuesday, January 16th.

According to Zacks, analysts expect that United Continental Holdings will report full year earnings of $6.33 per share for the current financial year, with EPS estimates ranging from $6.19 to $6.54. For the next financial year, analysts forecast that the firm will post earnings of $6.43 per share, with EPS estimates ranging from $5.70 to $7.15. Zacks’ EPS calculations are a mean average based on a survey of analysts that that provide coverage for United Continental Holdings.

United Continental Holdings (NYSE:UAL) last released its quarterly earnings data on Wednesday, October 18th. The transportation company reported $2.22 earnings per share for the quarter, topping analysts’ consensus estimates of $2.12 by $0.10. The company had revenue of $9.88 billion for the quarter, compared to analysts’ expectations of $9.87 billion. United Continental Holdings had a net margin of 5.22% and a return on equity of 25.26%. The firm’s revenue for the quarter was down .4% on a year-over-year basis. During the same quarter last year, the company earned $3.11 earnings per share.

A number of brokerages have recently commented on UAL. Imperial Capital cut their target price on shares of United Continental Holdings from $63.00 to $57.00 and set an “in-line” rating on the stock in a report on Friday, October 20th. Barclays PLC reiterated a “buy” rating and issued a $90.00 price objective on shares of United Continental Holdings in a research report on Thursday, September 14th. Sanford C. Bernstein reiterated a “hold” rating on shares of United Continental Holdings in a research report on Monday, August 7th. Cowen and Company reiterated a “market perform” rating and issued a $62.00 price objective (down from $70.00) on shares of United Continental Holdings in a research report on Friday, October 20th. Finally, Raymond James Financial, Inc. reiterated a “market perform” rating on shares of United Continental Holdings in a research report on Wednesday, September 20th. Three equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. United Continental Holdings presently has an average rating of “Hold” and a consensus target price of $77.63.

Shares of United Continental Holdings (NYSE:UAL) traded up $0.13 during trading on Friday, hitting $58.52. 3,179,900 shares of the stock were exchanged, compared to its average volume of 6,619,997. The firm has a market cap of $17,336.69, a PE ratio of 8.18, a price-to-earnings-growth ratio of 1.51 and a beta of 1.02. United Continental Holdings has a fifty-two week low of $57.34 and a fifty-two week high of $83.04. The company has a quick ratio of 0.53, a current ratio of 0.60 and a debt-to-equity ratio of 1.37.

In other news, Director Robert A. Milton bought 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, October 24th. The stock was purchased at an average price of $58.60 per share, with a total value of $58,600.00. Following the purchase, the director now owns 6,176 shares of the company’s stock, valued at approximately $361,913.60. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Edward Shapiro acquired 15,000 shares of the company’s stock in a transaction dated Friday, September 15th. The shares were bought at an average cost of $59.87 per share, with a total value of $898,050.00. Following the purchase, the director now owns 27,707 shares in the company, valued at $1,658,818.09. The disclosure for this purchase can be found here. Insiders own 0.27% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in shares of United Continental Holdings by 4.3% during the 2nd quarter. Vanguard Group Inc. now owns 22,706,502 shares of the transportation company’s stock valued at $1,708,664,000 after acquiring an additional 930,321 shares during the last quarter. Janus Henderson Group PLC increased its stake in shares of United Continental Holdings by 30,735.3% during the 2nd quarter. Janus Henderson Group PLC now owns 6,957,062 shares of the transportation company’s stock valued at $523,519,000 after acquiring an additional 6,934,500 shares during the last quarter. Boston Partners increased its stake in shares of United Continental Holdings by 37.7% during the 2nd quarter. Boston Partners now owns 4,840,050 shares of the transportation company’s stock valued at $364,214,000 after acquiring an additional 1,324,894 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of United Continental Holdings by 8.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 3,431,983 shares of the transportation company’s stock valued at $208,949,000 after acquiring an additional 269,219 shares during the last quarter. Finally, Diamond Hill Capital Management Inc. increased its stake in shares of United Continental Holdings by 33.2% during the 3rd quarter. Diamond Hill Capital Management Inc. now owns 2,637,733 shares of the transportation company’s stock valued at $160,585,000 after acquiring an additional 656,990 shares during the last quarter. 99.08% of the stock is owned by institutional investors.

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About United Continental Holdings

United Continental Holdings, Inc (UAL) is a holding company and its principal subsidiary is United Air Lines, Inc (United). The Company transports people and cargo through its mainline operations. It has global air rights in North America, Asia-Pacific, Europe, Middle East, Africa and Latin America. The Company, through United and its regional carriers, operates flights from its hubs at Newark Liberty International Airport (Newark Liberty), Chicago O’Hare International Airport (Chicago O’Hare), Denver International Airport (Denver), George Bush Intercontinental Airport (Houston Bush), Los Angeles International Airport (LAX), A.B.

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Earnings History and Estimates for United Continental Holdings (NYSE:UAL)

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