What to expect from Wheels Up ($UP) in their Earnings Call this Thursday

Wheels Up Experience (NYSE: UP) will announce their quarterly earnings this Thursday, March 10th. Analysts are estimating that they will post earnings of $0.26 per share for the quarter. To tune into the conference call, use this link here.

The stock this past week was sitting right around $3.40. In terms of it’s 50 day moving average, it was right around $5.63.

The 52 week low for Wheels Up was $3.03 and the 52 week high was $15.00.

Credit Suisse decreased their target price from $14.00 to $11.00 and degraded their rating on the company. BTIG research made a similar move, decreasing it from $10.00 to $9.00. Many other firms have followed suit as well, as they believe Wheels Up will perform right in line with the market or underperform. Morgan Stanley this past November set an “underweight” rating and a $5.90 price target for the company.

According to MarketBeat, Wheels Up has an average target price of $10.84 with a consensus rating of “Hold”.

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