United Airlines Prepares to Report Q3 Earnings as Analysts Target 17.5% Revenue Growth

United Airlines Holdings, Inc. (NASDAQ:UAL) is scheduled to report its third-quarter financial results on Tuesday after the market closes. Analysts expect quarterly revenue to grow 17.5% year over year, representing a significant acceleration from the 2.6% revenue growth recorded during the same period last year. Over the past 30 days, consensus revenue estimates have remained steady, reflecting expectations that the airline will maintain its current trajectory heading into the report.

The upcoming report follows a mixed second quarter in which United Airlines delivered revenue of $17.67 billion, up 16% year over year, matching analyst projections. While earnings per share topped estimates and revenue passenger miles rose 3.8% to 72.77 billion, the carrier missed EBITDA forecasts. The stock has experienced pressure recently, dropping 15.9% over the past month and trading down 5.14% today at $96.10, even as Wall Street analysts maintain an average price target of $152.48.

Investors will be watching whether United Airlines can meet revenue expectations, given its track record of multiple revenue misses over the past two years. Recent earnings reports from consumer discretionary peers provide mixed signals for airline sector sentiment. Delta Air Lines, Inc. reported third-quarter revenue growth of 21.1%, beating estimates, yet saw its shares drop 2.5% following the announcement. Meanwhile, Carnival Corporation posted a 3.5% revenue increase and gained 10.8% after beating expectations.