Recap: United Airlines Holdings Q2 Earnings

Shares of United Airlines Holdings UAL rose 1.06% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share decreased 321.14% over the past year to ($9.31), which missed the estimate of ($9.02).

Revenue of $1,475,000,000 declined by 87.06% from the same period last year, which beat the estimate of $1,320,000,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

United Airlines Holdings hasn't issued any revenue guidance for the time being.

Price Action

52-week high: $96.03

52-week low: $17.80

Price action over last quarter: Up 24.12%

Company Description

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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