Categories AlphaGraphs, Earnings, Industrials
UAL Earnings: United Airlines Q4 adj. profit declines; revenue up 10%
United Airlines Holdings, Inc. (NYSE: UAL) has reported a sharp decrease in earnings for the fourth quarter of 2023. Meanwhile, the airline company’s revenues increased during the three months.
The company reported a net income of $2.00 per share for the December quarter, on an adjusted basis, compared to $2.46 per share last year. On an unadjusted basis, net income decreased to $600 million or $1.81 per share in Q4 from $843 million or $2.55 per share in the year-ago quarter.
Fourth-quarter operating revenues increased 10% year-over-year to $13.63 billion vs. $12.40 billion in the comparable period of 2022.
“Looking ahead, we expect these trends to continue and United is incredibly well positioned to capitalize on them and to deliver on our short and long-term financial targets,” said the company’s CEO Scott Kirby.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Trxade Health Inc. (NASDAQ: MEDS) Q1 2024 Research Summary
Trxade Health, Inc. (NASDAQ: MEDS) is a drug procurement and delivery platform that digitalizes the retail pharmacy experience. The company has a growing network of suppliers and partnerships with independent
Earnings Preview: Walmart (WMT) expected to report sales and profit gains in Q1
Over the years, Walmart Inc. (NYSE: WMT) has constantly diversified while maintaining its dominance in the retail world. The company is preparing to report financial results for the first three
What to look for when Take-Two Interactive Software (TTWO) reports Q4 2024 earnings results
Shares of Take-Two Interactive Software, Inc. (NASDAQ: TTWO) stayed red on Thursday. The stock has dropped 14% over the past three months. The gaming company is scheduled to report its
