United Airlines (UAL) Stock Surges 5% Amid Strong Financial Performance

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Dec 19, 2024
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United Airlines (UAL, Financial) experienced a significant stock movement, with prices surging by 5% to $96.04 per share. The trading volume reached 3.74226 million shares, with a turnover rate of 1.14% and a price fluctuation of 3.57%.

Recent financial reports indicate that United Airlines achieved a revenue of $14.843 billion, a net profit of $965 million, and earnings per share of $2.93. The company's gross profit stood at $2.134 billion, with a price-to-earnings ratio of 11.44. Among 25 rating agencies, 88% recommended buying, 8% suggested holding, and 4% advised selling.

In the airline industry, United Airlines showed notable performance compared to peers such as Azul Sa, JetBlue Airways, and Frontier Group Holdings, Inc., which also saw significant activity and fluctuations.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.