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
Costco (COST) reports strong growth in Q1 FY26 earnings; revenue up 8%
Costco Wholesale Corporation (NASDAQ: COST) has reported an increase in net income for the first quarter of fiscal 2026. Revenues grew 8.3% year-over-year. The Issaquah, Washington-headquartered warehouse giant’s total revenues
AVGO Earnings: Broadcom reports higher Q4 FY25 revenue, profit; results beat
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) on Thursday reported an increase in revenue and adjusted earnings for the fourth quarter of fiscal 2025. The numbers also surpassed analysts' expectations. Adjusted
Lamb Weston (LW) is set to report Q2 2026 earnings next week, here’s what to look for
Shares of Lamb Weston Holdings, Inc. (NYSE: LW) rose over 1% on Thursday. The stock has gained 4% over the past three months. The French fry giant is slated to
