What to Expect When United Continental (UAL) Announces Q2 Results
NEW YORK (TheStreet) -- Shares of United Continental (UAL) - Get Report closed higher by 0.57% to $47.71 on Monday ahead of the company's 2016 second quarter earnings, due out after tomorrow's market close.
The company is expected to report a year-over-year decline in earnings per share and revenue.
Analysts surveyed by Thomson Reuters are anticipating earnings of $2.57 cents per share on revenue of $9.378 billion for the second quarter. A year ago the company reported earnings of $3.31 per share on revenue of $9.9 billion for the same quarter.
United Continental is a Chicago-based airline company.
Separately, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author. TheStreet Ratings has this to say about the recommendation:
We rate UNITED CONTINENTAL HLDGS INC as a Buy with a ratings score of B-. This is driven by multiple strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its notable return on equity and attractive valuation levels. We feel its strengths outweigh the fact that the company has had sub par growth in net income.
You can view the full analysis from the report here: UAL
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