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United Airlines Posts Stronger-Than-Expected Results, Upbeat Outlook

stock :: 2025-01-23 :: source - investopedia

By Nisha Gopalan

Photo by Pascal Borener: Pexels

United Airlines (UAL) posted better-than-estimated fourth-quarter results and gave a bullish current-quarter outlook on the back of increased consumer demand for premium travel.

The Chicago-based carrier posted adjusted profit of $3.26 per share on revenue that rose nearly 8% year-over-year to $14.70 billion. Analysts polled by Visible Alpha expected $3.06 and $14.39 billion, respectively.

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Like rival Delta Air Lines (DAL) earlier this month, a surge in revenue from premium ticket sales drove the gains. United registered a 10% increase in premium revenue to power passenger revenue 7% higher to $13.28 billion.

United Sees Q1 Adjusted EPS Above Estimates

United also said it expects adjusted earnings per share (EPS) between $0.75 and $1.25 during the first quarter of fiscal 2025, with the midpoint well above the $0.85 Visible Alpha consensus.

United shares rose 2% Wednesday and have nearly tripled over the past 12 months.

UPDATE—Jan. 22, 2025: This article has been updated to refreshed share prices.

Source:: Investopedia

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