United Airlines stock (NASDAQ: UAL) recently reported its Q2 results, with revenues slightly below and earnings above our estimates. The company reported revenue of $14.99 billion and adjusted earnings of $4.14 per share, compared to our estimates of $15.15 billion and $3.99, respectively. In this note, we discuss United Airlines' stock performance, key takeaways from its recent results, and valuation. The company reported a 3.8% y-o-y rise in average fuel cost per gallon. Looking forward, United Airlines e ...