United Airlines declares Q3 profit

They now have a $65.00 price target on the stock. On that basis, the average analyst estimate was $1.59 billion and $4.55 per share, respectively, according to Thomson Reuters I/B/E/S.

Several other equities research analysts also recently commented on the company.

United’s spending on fuel plunged 38 percent, a savings of $1.19 billion.

Shares of United were up more than 3 percent in late morning trade. The 50-Day Moving Average price is $56.24 and the 200 Day Moving Average price is recorded at $57.00.

Historically, United Continental Holdings Incorporated has been trading with a 52 week low of 46.66 and a 52 week of high 74.52.

We’ve also learned that United Continental Holdings Incorporated will report its next earnings on October 22, 2015. During the quarter, the company returned $262 million to shareholders through buybacks.

United Continental Holdings, Inc. posted revenue of $9.91 billion. United Continental Holdings’s revenue was down 2.4% compared to the same quarter past year.

For the third quarter, United posted a profit of $4.82 billion, or $12.82 a share, up from $924 million, or $2.37 a share, a year earlier.

United’s stock closed at $56.05 Thursday, up 2.75 percent.

United Continental Holdings, Inc. Consequently, the Deutsche Bank confirmed a “Buy” rating on shares of United Continental Holdings. The rating is an average of the various different ratings given by analysts and brokers to United Continental Holdings Incorporated, and then averaged into one rating by a team of analysts at Zacks in Chicago, Illinois. CRT Capital raised United Continental Holdings from a fair value rating to a buy rating and set a $70.00 price objective on the stock in a report on Monday, July 6th. Two analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have issued a strong buy rating to the company’s stock. (NYSE:UAL) jumped 0.89 points or 1.63% on strong buying and was last priced at $55.44 per share.

The deal with global Brotherhood of Teamsters (IBT) covers nearly 9,000 technicians, mechanics, and related employees at United Continental’s various hubs throughout the US. (UAL) is a holding company and its principal wholly owned partner is United Air Lines, Inc. (United). The Company carries freight and people through its mainline operations, which use jet aircraft with its regional operations, and at least 118 seats.

The company, together with its subsidiaries, provides air transportation services in North America, the Asia-Pacific, Europe, the Middle East, Africa, and Latin America.

Royal Caribbean Cruises Ltd (NYSE:RCL) announced that it has reached a contract with Morgan Stanley & Co LLC to repurchase $200 million of the company’s common stock under an accelerated stock repurchase (ASR) transaction.