Categories AlphaGraphs, Earnings, Industrials

United Airlines (UAL) Q3 earnings decline despite higher revenues; results beat

United Airlines Holdings, Inc. (NYSE: UAL) Tuesday reported a decline in adjusted earnings for the third quarter, despite an increase in revenues. Both earnings and revenues came in above analysts’ estimates.

United Airlines Q3 2024 earnings infographic

On an adjusted basis, net income decreased to $3.33 per share in the September quarter from $3.65 per share in the corresponding period a year earlier. Earnings beat analysts’ estimates. On an unadjusted basis, net income was $965 million or $2.90 per share in Q3, compared to $1.14 billion or $3.42 per share in the year-ago quarter.

Meanwhile, third-quarter operating revenues increased to $14.84 billion from $14.48 billion in the comparable period of 2023. Revenues topped expectations.

Prior Performance

  • United Airlines Q2 2024 earnings infographic
  • United Airlines Q1 2024 earnings infographic
  • United Airlines Q4 2023 earnings infographic

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