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United Airlines Falls 2.23% as Major Indexes Advance
The airline closed at $110 as the S&P 500, Dow and Nasdaq rose, with quarterly results due October 20.
Key takeaways
- United Airlines closed at $110, down 2.23% for the session.
- Analysts expect $3.03 in earnings per share for the quarter ending in the upcoming report.
United Airlines shares fell 2.23% to close at $110, even as major U.S. indexes advanced. The S&P 500 rose 0.66%, the Dow gained 0.18% and the Nasdaq added 1.05%.
The stock gained 1.01% over the previous month, compared with a 3.02% decline in the Transportation sector and a 0.55% rise in the S&P 500.
United is scheduled to report earnings on October 20. Analysts expect earnings of $3.03 per share and revenue of $17.8 billion, according to Zacks Consensus Estimates.
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Further reading
This article was produced with the help of AI technology. Source: Yahoo Finance
