Is United Airlines Stock a Buy Post Q3 Earnings & Revenue Beat?
UALUnited(UAL) ZACKS·2024-10-22 00:25

Last Tuesday, on Oct. 15, United Airlines (UAL) reported strong third-quarter 2024 results, driven by upbeat air travel demand and low fuel prices. This Chicago-based company announced a $1.5 billion share buyback plan, highlighting its pro-shareholder approach. This was the first buyback program announced by UAL since suspending share repurchases during the Covid-19 pandemic. The earnings outlook issued by the company for the December quarter also looks promising.UAL shares have gained more than 15% since ...