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Shares of United Airlines Holdings (NASDAQ:UAL) decreased in after-market trading after the company reported Q1 results.
Quarterly Results
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Earnings per share fell 191.83% over the past year to ($7.50), which missed the estimate of ($7.05).
Revenue of $3,221,000,000 declined by 59.63% year over year, which missed the estimate of $3,270,000,000.
Guidance
Earnings guidance hasn't been issued by the company for now.
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United Airlines Holdings hasn't issued any revenue guidance for the time being.
Recent Stock Performance
52-week high: $63.70
52-week low: $18.18
Price action over last quarter: Up 29.26%
Company Overview
United Airlines is the world's third-largest airline by scheduled revenue passenger miles. United's hubs include San Francisco, Chicago, Houston, Denver, Los Angeles, New York/Newark, and Washington, D.C. United operates a hub-and-spoke system that is more focused on international travel than legacy peers.
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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.