Categories AlphaGraphs, Earnings, Industrials
United Airlines (UAL) Q2 adj. earnings drop but beat estimates; revenue up 6%
United Airlines Holdings, Inc. (NYSE: UAL) reported a decline in adjusted earnings for the second quarter of 2024 when the company’s revenues increased year-over-year. The bottom line came in above analysts’ estimates.
Net income per share, excluding one-off items, decreased to $4.14 per share in the June quarter from $5.03 per share in the corresponding period a year earlier. Earnings beat analysts’ estimates. On an unadjusted basis, net income was $1.32 billion or $3.96 per share in Q2, vs. $1.08 billion or $3.24 per share in the year-ago quarter.
Meanwhile, second-quarter operating revenues increased to $14.99 billion from $14.18 billion in the comparable period of 2023.
“The revenue diversity advantages that we’ve built with our premium customers, Basic Economy customers, and domestic road warriors, on top of the world’s best loyalty program and leading customer service, have propelled our margins to near the top of the industry,” 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
KB Home’s Q3 results expected to benefit from built-to-order model, stable demand
KB Home (NYSE: KBH) has been resilient to challenges like high mortgage rates and the inflation-induced strain on family budgets, while benefitting from the recovery in the housing market. When
Signet Jewelers (SIG) reports lower Q2 2025 sales and adj. profit
Signet Jewelers Limited (NYSE: SIG) has reported a decline in net sales and adjusted earnings for the second quarter of 2025. Same-store sales declined 3.4% during the three months. Net
Adobe reports higher Q3 revenue and earnings; results beat estimates
Design software maker Adobe Inc. (NASDAQ: ADBE) on Thursday reported an increase in third-quarter 2024 revenue and earnings. The results also topped expectations. Third-quarter revenues came in at $5.41 billion,