United Continental Holdings, Inc. (NYSE:UAL) – Investment analysts at Imperial Capital boosted their Q3 2017 earnings estimates for United Continental Holdings in a research note issued on Wednesday. Imperial Capital analyst M. Derchin now forecasts that the transportation company will post earnings per share of $2.13 for the quarter, up from their prior estimate of $1.70. Imperial Capital has a “In-Line” rating and a $57.00 price objective on the stock. Imperial Capital also issued estimates for United Continental Holdings’ FY2017 earnings at $6.50 EPS, Q1 2018 earnings at $0.20 EPS, Q2 2018 earnings at $0.60 EPS, FY2018 earnings at $6.95 EPS and FY2019 earnings at $0.80 EPS.

United Continental Holdings (NYSE:UAL) last posted its earnings results on Wednesday, October 18th. The transportation company reported $2.22 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $2.12 by $0.10. The company had revenue of $9.88 billion during the quarter, compared to the consensus estimate of $9.87 billion. United Continental Holdings had a net margin of 5.22% and a return on equity of 25.49%. The company’s revenue for the quarter was down .4% compared to the same quarter last year. During the same period in the previous year, the firm posted $3.11 earnings per share. TRADEMARK VIOLATION WARNING: “United Continental Holdings, Inc. to Post Q3 2017 Earnings of $2.13 Per Share, Imperial Capital Forecasts (UAL)” was originally posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this piece on another publication, it was illegally copied and republished in violation of U.S. and international trademark & copyright law. The legal version of this piece can be viewed at https://www.thecerbatgem.com/2017/10/22/united-continental-holdings-inc-to-post-q3-2017-earnings-of-2-13-per-share-imperial-capital-forecasts-ual.html.

A number of other analysts also recently issued reports on UAL. Bank of America Corporation lowered their price objective on shares of United Continental Holdings from $105.00 to $85.00 and set a “buy” rating on the stock in a report on Friday, June 30th. BidaskClub downgraded shares of United Continental Holdings from a “hold” rating to a “sell” rating in a report on Wednesday, July 5th. Cowen and Company lifted their price objective on shares of United Continental Holdings from $75.00 to $82.00 and gave the company a “market perform” rating in a report on Wednesday, July 12th. UBS AG lifted their price objective on shares of United Continental Holdings from $103.00 to $109.00 and gave the company a “buy” rating in a report on Wednesday, July 12th. Finally, Citigroup Inc. lifted their price objective on shares of United Continental Holdings from $78.00 to $85.00 and gave the company a “neutral” rating in a report on Thursday, July 13th. Three research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $78.66.

Shares of United Continental Holdings (NYSE UAL) opened at 59.90 on Friday. The firm has a 50-day moving average of $62.09 and a 200 day moving average of $70.41. United Continental Holdings has a 52-week low of $52.21 and a 52-week high of $83.04. The company has a market capitalization of $18.22 billion, a P/E ratio of 8.28 and a beta of 1.05.

In related news, Director Edward Shapiro acquired 15,000 shares of United Continental Holdings stock in a transaction on Friday, September 15th. The stock was purchased at an average cost of $59.87 per share, with a total value of $898,050.00. Following the completion of the transaction, the director now directly owns 27,707 shares in the company, valued at approximately $1,658,818.09. The purchase was disclosed in a document filed with the SEC, which is available through this link. Insiders own 0.27% of the company’s stock.

A number of hedge funds have recently added to or reduced their stakes in the business. Telemus Capital LLC boosted its position in United Continental Holdings by 0.3% during the second quarter. Telemus Capital LLC now owns 2,890 shares of the transportation company’s stock worth $217,000 after purchasing an additional 9 shares during the period. MCF Advisors LLC boosted its position in United Continental Holdings by 0.9% during the second quarter. MCF Advisors LLC now owns 1,529 shares of the transportation company’s stock worth $115,000 after purchasing an additional 13 shares during the period. Wetherby Asset Management Inc. boosted its position in United Continental Holdings by 1.5% during the second quarter. Wetherby Asset Management Inc. now owns 3,271 shares of the transportation company’s stock worth $246,000 after purchasing an additional 47 shares during the period. Tillar Wenstrup Advisors LLC boosted its position in United Continental Holdings by 0.3% during the second quarter. Tillar Wenstrup Advisors LLC now owns 29,298 shares of the transportation company’s stock worth $2,205,000 after purchasing an additional 94 shares during the period. Finally, Blair William & Co. IL boosted its position in United Continental Holdings by 2.2% during the second quarter. Blair William & Co. IL now owns 4,553 shares of the transportation company’s stock worth $343,000 after purchasing an additional 100 shares during the period. 97.62% of the stock is owned by hedge funds and other institutional investors.

United Continental Holdings Company Profile

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.

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

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