United Airlines Stock Dips Despite Improving Earnings Outlook
- United Airlines (UAL) stock declined 0.95% despite market being relatively flat
- UAL earnings per share expected to be -$0.49, up 22.22% year-over-year
- UAL full year earnings projected to decline 3.28% but revenue to increase 7.02%
- Positive changes in UAL earnings estimates predict better stock performance
- UAL trades at attractive valuations compared to industry peers with Forward P/E of 4.46 and PEG of 0.59