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Benzinga
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United Airlines Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. UAL to report earnings on July 16, expected at $3.88 per share. 2. Revenue forecast at $15.33 billion, a slight increase from last year. 3. JetBlue and UAL partnership announced to boost customer benefits. 4. Analysts show mixed ratings with price target adjustments for UAL. 5. UAL shares increased by 1.4% to close at $88.94.

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FAQ

Why Neutral?

Earnings expectations are lower, but revenue growth offsets some concerns. Historical trends indicate mixed responses during earnings weeks.

How important is it?

Earnings reports heavily influence stock prices; projections show growth yet decline in earnings. Mixed analyst ratings indicate uncertainty, but strategic partnerships could positively influence long-term performance.

Why Short Term?

Earnings announcement is imminent, indicating immediate market response could vary widely. Past earnings results significantly impacted stock prices but often stabilize short-term.

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