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Zacks News
Stock Market News for May 5, 2020
by Zacks Equity Research
Benchmarks made a dramatic turnaround on Monday to end in the green following gains among tech and energy shares.
5 ETF Strategies to Follow Warren Buffett's Coronavirus Tips
by Sanghamitra Saha
Warren Buffett's Berkshire Hathaway's shareholder meeting divulges his outlook on COVID-19. Follow him with these ETF strategies.
United Airlines (UAL) Incurs Q1 Loss, Suffers Weak Load Factor
by Zacks Equity Research
Softness in passenger revenues affects United Airlines' (UAL) Q1 results.
United Airlines (UAL) Reports Q1 Loss, Tops Revenue Estimates
by Zacks Equity Research
United (UAL) delivered earnings and revenue surprises of 20.92% and 0.04%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Airline Stock Roundup: DAL & LUV Post Losses in Q1, CPA in Focus
by Maharathi Basu
Draining passenger revenues dent the earnings results of Delta (DAL) and Southwest (LUV) for Q1.
Should You Invest in the U.S. Global Jets ETF (JETS)?
by Sweta Killa
Sector ETF report for JETS
Airline Stocks Reporting Q1 Earnings on Apr 30: UAL, AAL
by Maharathi Basu
Low passenger revenues are likely to have hurt the Q1 performance of both United Airlines (UAL) and American Airlines (AAL).
Travel-Demand Woes to Ail United Airlines (UAL) Q1 Earnings
by Zacks Equity Research
With air-travel demand rapidly nosediving, passenger revenues are likely to have been hit at United Airlines (UAL) in Q1.
Low Load Factor to Hurt American Airlines (AAL) Q1 Earnings
by Zacks Equity Research
With imposition of air-travel restrictions that wiped out demand fast, passenger revenues are likely to have been dampened in American Airlines' (AAL) Q1.
Why United (UAL) Could Beat Earnings Estimates Again
by Zacks Equity Research
United (UAL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Should You Buy United Airlines (UAL) Ahead of Earnings?
by Zacks Equity Research
United Airlines (UAL) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Likely Coronavirus Impact on United Airlines (UAL) Q1 Earnings
by Zacks Equity Research
United Airlines (UAL) is expected to have suffered significant loss of passenger revenues in Q1 due to coronavirus concerns.
United Airlines (UAL) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
In the latest trading session, United Airlines (UAL) closed at $25.56, marking a -0.62% move from the previous day.
Airline Stock Roundup: ALGT's Traffic Hit by Coronavirus Woes, UAL's Update & More
by Maharathi Basu
With air-travel demand wearing away, Allegiant's (ALGT) March traffic sees a huge drop. Moreover, United Airlines (UAL) issues drab preliminary results for Q1.
Why Low Air-Travel Demand Should Hit Delta (DAL) Q1 Earnings
by Zacks Equity Research
The coronavirus-induced weak air-travel demand scenario is likely to have dented Delta's (DAL) Q1 performance significantly.
IATA Projects More Losses for Airline Industry, Stocks Down
by Aparajita Dutta
U.S. carriers are asking thousands of employees to take voluntary unpaid leave in a race to cut costs as cancellations outpace bookings.
The Zacks Analyst Blog Highlights: Alaska Air, American Airlines, JetBlue Airways, United Airlines and Southwest Airlines
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Alaska Air, American Airlines, JetBlue Airways, United Airlines and Southwest Airlines
Airline Industry's Outlook Takes a Beating From Coronavirus Jinx
by Maharathi Basu
Amid the current economic turmoil, a phase of affordable fuel costs bodes well for the airline industry,
Allegiant's (ALGT) March Traffic Slumps 39% on Coronavirus Woes
by Zacks Equity Research
With traffic declining more than the extent of capacity contraction, Allegiant's (ALGT) load factor deteriorates 2,670 basis points.
US Airlines Accept $25 Billion in Grants to Survive Coronavirus
by Ritujay Ghosh
The $25 billion grant definitely comes in time as a major rescue option for the airline industry.
Airlines-Treasury Department Reach $25B Bailout Deal: 5 Winners
by Tirthankar Chakraborty
U.S. carriers, including the big four, rallied after the government agreed on a $25-billion aid for meeting payroll requirements.
Analysts Estimate United Airlines (UAL) to Report a Decline in Earnings: What to Look Out for
by Zacks Equity Research
United (UAL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Hawaiian Airlines' March Traffic Drops 41% on Coronavirus Woes
by Zacks Equity Research
Hawaiian Holdings (HA) unit Hawaiian Airlines' passenger count slumps 45.4% in March with an unprecedented drop in demand in the wake of the coronavirus-led crisis.
Allegiant (ALGT) Trims Summer Schedule Amid Coronavirus Crisis
by Zacks Equity Research
Allegiant (ALGT) expects its capacity for the summer months to plunge 80-90% year over year.
JetBlue to Suspend Some Services Across 5 Major U.S. Cities
by Zacks Equity Research
JetBlue (JBLU) plans to run essential services at only one or two airports across major cities of Boston, Los Angeles, New York City, San Francisco and Washington, D.C.