Insight on United Continental Holdings, Inc. (NYSE:UAL) Stock Picks
United Continental Holdings, Inc. (NYSE:UAL) was incorporated in 1934 and is engaged in the provision of passenger and cargo air transportation services. Based in Chicago, Illinois, the company is reported to have operated almost 5,675 flights per day to 372 airports on 6 continents from their hubs in Chicago, Cleveland, Denver, Guam, Houston, Los Angeles, New York, San Francisco, Tokyo and Washington DC. The company was initially registered under the name of ULA Corporation and later on October 1st, 2010 changed its name to United Continental Holdings Inc.
United Continental Holdings Inc (NYSE:UAL) maintains the highest return on equity among 16 major airline companies. The company also maintains the highest revenue growth rate among it industry peers.
United Continental Holdings, Inc. (NYSE:UAL) generated the total revenue of $8.92 billion for the quarter ended December 31st, 2011 as compared to revenue of $8.46 billion for the same period last year. The company reported the net loss of $138 million or earnings of $0.33 per share for the respective quarter as compared to net loss of $325 million or earnings of $0.04 per share last year.
The company’s total assets accumulate up to $39.05 billion out of which fixed assets have the highest proportion.
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