United Airlines Holdings, (NASDAQ: $UAL) Surge 6% on Strong Q1

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Shares of United Airlines Holdings, (NASDAQ: UAL) saw a noteworthy uptick of 6% on Wednesday's premarket session after the industry leaders reported it swung to a profit in the first quarter as revenue hit a record high, sending shares surging in extended trading Tuesday, further extending gains to premarket session.

The Chicago-based carrier posted first-quarter revenue of $13.2 billion, up 5% year-over-year and above the analyst consensus from Visible Alpha.1 Adjusted net income of $302 million, or 91 cents per share, compared to a loss of $50 million, or 15 cents per share, a year earlier, and also topped Wall Street’s estimates.

United Says It Expects 'Resilient' Earnings in Q2
The results come amid an uncertain economic environment for airlines. Last week, Visual Approach Analytics warned that air travel could face "demand destruction" as a result of the Trump administration's tariff policies, and rival carrier Delta (DAL) withdrew its full-year outlook, citing “current uncertainty."

Looking ahead, United said it expects "resilient earnings" in the second quarter and full fiscal year, despite macroeconomic challenges. The airline said it plans to reduce off-peak flying on lower-demand days.

Technical Outlook
United shares jumped nearly 7% in after-hours trading, extending gains to Wednesday premarket session. The stock has lost nearly a third of its value so far in 2025 through Tuesday’s close. The daily price chart depicts a bullish flag pattern with the asset gearing to break the ceiling of the flag - a move that will cement the bullish campaign for UAL shares.

Further more, with the RSI at 44.97, UAL shares are well ready for a bullish campaign capitalizing on the moderate momentum of the market.

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