United Continental (NASDAQ:UAL) posted its earnings results on Wednesday. The transportation company reported ($8.16) EPS for the quarter, missing the consensus estimate of ($7.63) by ($0.53), RTT News reports. The business had revenue of $2.49 billion for the quarter, compared to the consensus estimate of $2.54 billion. United Continental had a negative return on equity of 15.01% and a negative net margin of 5.25%. The company’s revenue was down 78.1% on a year-over-year basis. During the same period in the previous year, the firm earned $4.07 earnings per share.
UAL opened at $34.16 on Friday. The company has a quick ratio of 0.55, a current ratio of 0.61 and a debt-to-equity ratio of 2.32. The stock has a market cap of $9.94 billion, a price-to-earnings ratio of -5.57 and a beta of 1.53. United Continental has a twelve month low of $17.80 and a twelve month high of $95.16. The company’s 50-day moving average price is $36.17 and its two-hundred day moving average price is $32.60.
In related news, Director Edward Shapiro sold 25,000 shares of the company’s stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $33.52, for a total transaction of $838,000.00. Following the sale, the director now directly owns 157,707 shares in the company, valued at approximately $5,286,338.64. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.40% of the stock is owned by insiders.
United Continental Company Profile
United Continental Holdings, Inc, through its subsidiaries, provides air transportation services in North America, Asia, Europe, the Middle East, and Latin America. It transports people and cargo through its mainline and regional operations. As of December 31, 2018, the company operated a fleet of 1,329 aircraft.
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