Categories AlphaGraphs, Earnings, Industrials

Infographic: Highlights of United Airlines’ (UAL) Q1 2022 earnings

Aviation giant United Airlines Holdings, Inc. (NYSE: UAL) reported a narrower net loss for the first quarter of 2022 as the company’s revenues more than doubled during the period. Meanwhile, the results fell short of expectations.

United Airlines Q1 2022 earnings infographic

The airline incurred a loss of $4.24 per share in the first quarter, on an adjusted basis, which is narrower than the $7.50-per share loss recorded last year. The reported net loss was $1.38 billion or $4.24 per share, compared to a loss of $1.36 billion or $4.29 per share in the first quarter of 2021. The bottom line missed the Street view.

First-quarter operating revenues more than doubled year-over-year to $7.57 billion. Analysts were looking for faster growth.

Check this space to read management/analysts’ comments on UAL’s Q1 results

Shares of United Airlines closed Wednesday’s regular trading higher and continued to gain during the extended session, immediately after the announcement.

Prior Performance

  • United Airlines Q4 2021earnings infographic

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