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
MDT Earnings: Highlights of Medtronic’s Q2 2025 financial results
Medical device maker Medtronic plc (NYSE: MDT) reported a modest increase in revenues and adjusted profit for the second quarter of 2025. Second-quarter earnings, excluding special items, rose 1% year-over-year
WMT Earnings: Walmart Q3 sales and profit rise and beat estimates
Retail giant Walmart Inc. (NYSE: WMT) on Tuesday announced financial results for the third quarter of 2025, reporting an increase in sales and net profit. The numbers also topped expectations.
LOW Earnings: Key quarterly highlights from Lowe’s Q3 2024 financial results
Lowe's Companies, Inc. (NYSE: LOW) reported its third quarter 2024 earnings results today. Total sales were $20.2 billion, compared to $20.5 billion in the prior-year quarter. Comparable sales decreased 1.1%.
