UAL is trading at $90.64 (-6.68%) as a sharp cut to 2026 earnings guidance overshadows a Q1 earnings beat.
- Management lowered its 2026 EPS outlook to $7β$11 from the previous $12β$14 range, citing $340M in additional Q1 expenses from surging jet fuel prices.
- The cautious guidance triggered selling pressure despite Q1 revenue of $14.6B and EPS of $1.19 both exceeding analyst estimates.
- The stock continues to face headwinds in today's session, underperforming the broader market rally fueled by ceasefire news.