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
CVX Earnings: Chevron reports lower revenue and profit for Q3 2024
Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to
Key highlights from Exxon Mobil Corporation’s (XOM) Q3 2024 earnings results
Exxon Mobil Corporation (NYSE: XOM) reported its third quarter 2024 earnings results today. Total revenues and other income remained relatively flat at $90 billion compared to the same period a
AAPL Earnings: Apple Q4 2024 sales rise 6% YoY, beat estimates
Apple Inc. (NASDAQ: AAPL) reported an increase in revenues for the fourth quarter of 2024. The top line came in above estimates. The gadget giant generated revenues of $94.9 billion
