Categories AlphaGraphs, Earnings, Other Industries
UAL Earnings: United Airlines Q4 revenue Jumps; net loss narrows
Aviation giant United Airlines Holdings, Inc. (NYSE: UAL) reported a narrower net loss for the fourth quarter of 2021 as the company’s revenues more than doubled during the period. The results also beat analysts’ estimates.
The airline incurred a loss of $1.60 per share in the fourth quarter, on an adjusted basis, which is narrower than the $7.00-per share loss recorded last year. The reported net loss was $646 million or $1.99 per share, compared to a loss of $1.89 billion or $6.39 per share in the fourth quarter of 2020. The bottom line also beat the Street view.
Fourth-quarter operating revenues more than doubled year-over-year to $8.19 billion. Analysts were looking for slower growth.
Read management/analysts’ comments on UAL’s Q4 results
Shares of United Airlines closed Wednesday’s regular trading lower and lost further during the extended session, immediately after the announcement.
Prior Performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Fastenal Company (FAST) looks poised for a mixed start to FY25
Fastenal Company (NASDAQ: FAST) will report its first-quarter results on April 11, at 6:50 am ET. The company has been investing heavily to expand its digital footprint lately, and it
LEN, KBH: A look at these homebuilders’ expectations against a choppy housing market
Homebuilders Lennar Corporation (NYSE: LEN) and KB Home (NYSE: KBH) reported their earnings results for the first quarter of 2025 at the end of last month against a challenging housing
StubHub Holdings set to enter public markets. Here’s what to expect
After a modest start to the year, the IPO market is witnessing an increase in activity led by technology and healthcare companies. StubHub Holdings, a leading online ticket marketplace for
