United Airlines (UAL) Q2 Earnings Top Estimates, Revenues Lag
UALUnited(UAL) ZACKS·2024-07-18 23:10

United Airlines Holdings, Inc. (UAL) reported second-quarter 2024 earnings per share (EPS) (excluding 18 cents from non-recurring items) of $4.14, which surpassed the Zacks Consensus Estimate of $3.97. Earnings decreased 17.7% on a year-over-year basis.Operating revenues of $14.98 billion missed the Zacks Consensus Estimate of $15.13 billion. The top line increased 5.7% year over year due to upbeat air-travel demand. This was driven by a 5.2% rise in passenger revenues (which accounted for 91.2% of the top ...