Categories AlphaGraphs, Consumer, Earnings

United Airlines Q4 profit dips 20.2% but beats estimates

United Airlines parent United Continental Holdings (UAL) reported a 20.2% dip in earnings for the fourth quarter due to higher operating expenses. However, the results exceeded analysts’ expectations. The company also issued adjusted earnings guidance for full-year 2019.

Net income dropped 20.2% to $462 million and earnings declined 14.1% to $1.70 per share. Non-GAAP earnings soared 67.4% to $2.41 per share. Revenue grew by 11% to $10.5 billion.

Looking ahead into the full year 2019, the company expects adjusted earnings to grow year-over-year to the range of $10 to $12 per share. Adjusted capital expenditures are anticipated to be about $4.7 billion and consolidated capacity growth is predicted to be 4% to 6%.

United Continental Holdings fourth quarter 2018 earnings snapshot

For the first quarter of 2019, United Airlines didn’t provide any earnings guidance. It expects revenues to increase 0% to 3%, while the capacity addition to come between 5% and 6%. The company expects fuel consumption to be in the range of 965 million to 985 million gallons in the first quarter.

For the fourth quarter, the company recaptured 98% of its year-over-year fuel expense increase. Load factor improved to 82.7% from 81.7% reported last year. Unit revenues, a key metric tracked by analysts, rose 5% over the prior year, while cost per available seat mile (CASM) grew 7% in the quarter due to the surge in fuel costs.

Experts believe that the prolonged shutdown could do serious damage to the airlines’ industry after the remarkable turnaround in recent years. The aviation industry has urged President Donald Trump and lawmakers to quickly reopen the government. They believe the shutdown could potentially prevent summer air travel and slow the airline sector’s growth.

Shares of the United Airlines parent ended Tuesday’s regular session up 1.61% at $81.20 on the Nasdaq. Following the earnings release, the stock inched higher by over 5% in the after-market session.

Also read: United Airlines Q4 2018 earnings call transcript

We’re on Flipboard! Follow us to receive the latest stock market, earnings, and financial news at your fingertips

Most Popular

Abbott Laboratories (ABT) Q2 2024 Earnings: Key financials and quarterly highlights

Abbott Laboratories (NYSE: ABT) reported second quarter 2024 earnings results today. Net sales increased 4% year-over-year to $10.4 billion. Net earnings decreased 5% to $1.3 billion, or $0.74 per share,

Key highlights from Domino’s Pizza’s (DPZ) Q2 2024 earnings results

Domino’s Pizza, Inc. (NYSE: DPZ) reported second quarter 2024 earnings results today. Total revenues increased 7.1% year-over-year to $1.09 billion. Net income increased 29.8% to $142 million and EPS grew

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

Comments

  1. Pingback: Beverly Bultron
  2. Pingback: Lincoln Georgis
  3. Pingback: Cory Chase
  4. Pingback: MILFCity
  5. Pingback: domain
  6. Pingback: valentine gift
  7. Pingback: valentine pillow
  8. Pingback: valentines gift
  9. Pingback: Click Here
  10. Pingback: Click Here
  11. Pingback: Click Here
  12. Pingback: Click Here
  13. Pingback: Click Here
  14. Pingback: Click Here
  15. Pingback: Click Here
  16. Pingback: Click Here
  17. Pingback: Click Here
  18. Pingback: Click Here
  19. Pingback: Click Here
  20. Pingback: Click Here
  21. Pingback: Click Here
  22. Pingback: Click Here
  23. Pingback: Click Here
  24. Pingback: Click Here
  25. Pingback: Click Here
  26. Pingback: Click Here
  27. Pingback: Click Here
  28. Pingback: Click Here
  29. Pingback: Click Here
  30. Pingback: Click Here
  31. Pingback: Click Here
  32. Pingback: Click Here
  33. Pingback: Click Here
  34. Pingback: Click Here
  35. Pingback: Click Here
  36. Pingback: Click Here
  37. Pingback: Click Here
  38. Pingback: Click Here
  39. Pingback: Click Here
  40. Pingback: Click Here
  41. Pingback: Click Here
  42. Pingback: Click Here
  43. Pingback: Click Here
  44. Pingback: Click Here
  45. Pingback: Click Here
  46. Pingback: Click Here
  47. Pingback: Click Here
  48. Pingback: Click Here
  49. Pingback: Click Here
  50. Pingback: Click Here
  51. Pingback: Click Here
  52. Pingback: Click Here
  53. Pingback: Click Here
  54. Pingback: Click Here
  55. Pingback: Click Here
  56. Pingback: Click Here
  57. Pingback: Click Here
  58. Pingback: Click Here
  59. Pingback: Click Here
  60. Pingback: Click Here
  61. Pingback: Click Here
  62. Pingback: Click Here
  63. Pingback: Click Here
  64. Pingback: Click Here
  65. Pingback: Click Here
  66. Pingback: Click Here
  67. Pingback: Click Here
  68. Pingback: Click Here
  69. Pingback: Click Here
  70. Pingback: Click Here
  71. Pingback: Click Here
  72. Pingback: Click Here
  73. Pingback: Click Here
  74. Pingback: Click Here
  75. Pingback: domain-names
  76. Pingback: Google reviews
  77. Pingback: Escorts australia
  78. Pingback: 2023 Books
  79. Pingback: family member
  80. Pingback: death
  81. Pingback: birth records
  82. Pingback: burial place
  83. Pingback: IRA Empire
  84. Pingback: Chirurgie Tunisie
  85. Pingback: fue
  86. Pingback: Quality standards
  87. Pingback: Accounting program
  88. Pingback: Seattle University
  89. Pingback: Hardness Tester
  90. Pingback: Dentist Near Me
  91. Pingback: agreement
  92. Pingback: creativity
  93. Pingback: Marketing courses
  94. Pingback: Pharmacy's Diploma
  95. Pingback: Community service
  96. Pingback: Fiverr Earn
  97. Pingback: Fiverr Earn
  98. Pingback: Fiverr Earn
  99. Pingback: fiverrearn.com
  100. Pingback: fiverrearn.com
  101. Pingback: fiverrearn.com
  102. Pingback: fiverrearn.com
  103. Pingback: livpure buy
  104. Pingback: Freight Broker
  105. Pingback: prostadine buy
  106. Pingback: clima para mañana
  107. Pingback: weather today
  108. Pingback: fiverrearn.com
  109. Pingback: fiverrearn.com
  110. Pingback: fiverrearn.com
  111. Pingback: french bulldog
  112. Pingback: fiverrearn.com
  113. Pingback: french bulldog
  114. Pingback: jute vs sisal rug
  115. Pingback: teacup frenchie
  116. Pingback: best Phone
  117. Pingback: future university
  118. Pingback: future university
  119. Pingback: future university
  120. Pingback: frenchie ring
  121. Pingback: fue
  122. Pingback: Piano service
  123. Pingback: Piano trade-in
  124. Pingback: Secure storage
  125. Pingback: FiverrEarn
  126. Pingback: FiverrEarn
  127. Pingback: FiverrEarn
  128. Pingback: FiverrEarn
  129. Pingback: FiverrEarn
  130. Pingback: FiverrEarn
  131. Pingback: partners
  132. Pingback: metabolism booster
  133. Pingback: aquapeace reviews
  134. Pingback: FiverrEarn
  135. Pingback: live sex cams
  136. Pingback: live sex cams
  137. Pingback: FiverrEarn
  138. Pingback: FiverrEarn
  139. Pingback: FiverrEarn
  140. Pingback: FiverrEarn
  141. Pingback: FiverrEarn
  142. Pingback: FiverrEarn
  143. Pingback: FiverrEarn
  144. Pingback: FiverrEarn
  145. Pingback: FiverrEarn
  146. Pingback: FiverrEarn
  147. Pingback: website builder
  148. Pingback: web design
  149. Pingback: FiverrEarn
  150. Pingback: FiverrEarn
  151. Pingback: FiverrEarn
  152. Pingback: FiverrEarn
  153. Pingback: cheap sex cams
  154. Pingback: fullersears.com
  155. Pingback: rare breed-trigger
  156. Pingback: 늑대닷컴
  157. Pingback: nang sydney
  158. Pingback: superslot
  159. Pingback: allgame
  160. Pingback: 918kiss
  161. Pingback: หวย24
  162. Pingback: Best toner
  163. Pingback: bulldog in clothes
  164. Pingback: pg slot
  165. Pingback: carte uno reverse
  166. Pingback: cybersécurité
  167. Pingback: Raahe Guide
  168. Pingback: catskills hotel
  169. Pingback: megagame
  170. Pingback: apply evisa online
  171. Pingback: 7mm-08 ammo
  172. Pingback: itsMasum.Com
  173. Pingback: itsMasum.Com
  174. Pingback: itsmasum.com
  175. Pingback: lesbian chat
  176. Pingback: joker gaming
  177. Pingback: washingtondc jobs
  178. Pingback: jeddah jobs
  179. Pingback: free webcam girls
  180. Pingback: free webcam sex
  181. Pingback: Kampus Tertua
  182. Pingback: porno
  183. Pingback: porn
  184. Pingback: meritking
  185. Pingback: casino porna
  186. Pingback: 918kiss
  187. Pingback: porn
Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top