Closing Bell: Earnings Special - United Airlines & JB Hunt
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Isabelle Lee, Carol Massar and Tim Stenovec
- United Airlines Holdings (UAL) raised the lower end of its full-year profit forecast and posted quarterly earnings that topped expectations, signaling that resilient travel demand is helping the US carrier recover from the cost shock caused by the war in Iran. United now expects adjusted earnings of $9 to $11 a share for the year, compared with its previous range of $7 to $11, and expects adjusted earnings of $2.50 to $3.50 a share for the current quarter. The carrier said it expects about $6 billion in added fuel costs for 2026 versus what it saw at the start of the year, and is refining the products it sells throughout its aircraft cabins, including replacing the middle seat in certain Economy Plus rows with a shared table.
- JB Hunt (JBHT) reported earnings per share for the second quarter that beat the average analyst estimate.
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