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Posted by
Two Blokes Jul 17 -
Filed in
Stock
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3 views
United Airlines beat Q2 earnings expectations but faces persistent operational and macroeconomic headwinds, dampening investor enthusiasm and pressuring unit revenues and margins. Capacity expansion outpaced revenue growth, leading to margin compression as higher costs, especially labor, offset modest revenue gains across most markets except the Pacific. I have lowered my price target from $154 to $121.51 due to downward revisions in EBITDA and free cash flow, reflecting a more challenging outlook.
