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Stock impact report

United Airlines Hedges Its Outlook For A Recession—But Says It Will Be Profitable Anyway [Forbes]

Delta Air Lines, Inc. (DAL) 
Last delta air lines, inc. earnings: 4/22 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.delta.com
Company Research Source: Forbes
Key Facts The macro economic environment is “impossible to predict this year with any degree of confidence,” United said in a securities filing Tuesday, explaining why it is providing dueling outlooks. In a “stable environment scenario,” United expects earnings per share of $11.50 to $13.50 this year, while earnings could be between $7 and $9 per share in a “recessionary environment scenario.” United said it plans to cut domestic capacity by about 4% this year to align with weaker domestic travel demand and is retiring 21 aircraft earlier than planned. United shares were up 6% before markets opened Wednesday. Key Background Major U.S. airlines are nervous about where the economy is headed. Both Delta Air Lines and Frontier Airlines withdrew their full-year outlooks last week, citing the uncertain macro environment, which United cited as justification for hedging on its guidance benchmark. “A single consensus no longer exists, and therefore the company's expectation has be Show less Read more
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