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Sector Update: Consumer

Consumer shares are flat to lower in pre-bell trading today.

In consumer sector news, United Airlines ( UAL ) said its Q4 earnings rose to $0.78 per share from a loss of $0.58 the year earlier, exceeding the $0.65 average Capital IQ analyst estimate. Including a special charge of $158 million, diluted earnings was $0.37 per share.

United's total revenue rose 7.2% to $9.3 billion from a year ago, in line with the consensus estimate.

And, MGIC Investment Corporation ( MTG ) said it broke even on a per-share basis in Q4, up from a loss of $1.91 per share a year ago and ahead of the $0.02 average loss expected by analysts polled by Capital IQ. Total revenue fell to $251.9 million from $371.4 million, missing the $254 million average estimate.

Finally, McDonald's ( MCD ) reports Q4 EPS of $1.40, ahead of the analyst consensus of $1.39 per share on Capital IQ. Global comp sales decreased 0.1%, reflecting higher average check and negative comparable guest counts. Revenue was $7.09 bln, about in line with the analyst view of $7.1 bln.

MCD is down 0.03% at $94.85.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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