United Continental Holdings Inc (NASDAQ: UAL) reported a net loss for the second quarter of 2020 as COVID-related disruptions continued to impact operations. The bottom-line missed Wall Street’s projection, while revenues topped.
On an adjusted basis, the company reported a loss of $9.31 per share for the June-quarter, compared to earnings of $4.21 per share last year. The bottom line missed the consensus forecast. The net loss was $1.63 billion or $5.79 per share, while in the year-ago quarter the company recorded earnings of $1.05 billion or $4.02 per share.
The deterioration in the bottom-line performance reflects an 87% fall in revenues to $1.48 billion. Analysts were looking for a bigger decline.
Target Corporation (NYSE: TGT) reported fourth-quarter 2020 financial results before the opening bell today. The department store chain reported Q4 revenue of $28.3 billion, up 21% year-over-year and higher than
Autodesk, Inc. (NASDAQ: ADSK) today reported its fourth quarter financial results for the period ended January 31, 2021. Net income for the fourth quarter was $911.3 million, or $4.10 per
Beyond Meat (NASDAQ: BYND), a specialist in plant-based meat substitutes, Thursday reported a wider loss for the fourth quarter, despite an increase in revenues. The numbers also missed the consensus