United Airlines Holdings Earnings, Revenue miss in Q1


© Reuters. United Airlines Holdings Earnings, Revenue miss in Q1

Investing.com – United Airlines Holdings reported on Thursday first quarter that missed analysts’ forecasts and revenue that fell short of expectations.

United Airlines Holdings announced earnings per share of $-2.57 on revenue of $7.98B. Analysts polled by Investing.com anticipated EPS of $-2.51 on revenue of $8.3B. That with comparison to EPS of $1.15 on revenue of $9.59B in the same period a year before.United Airlines Holdings had reported EPS of $2.67 on revenue of $10.89B in the previous quarter.Analysts are expecting EPS of $-8.72 and revenue of $3.82B in the upcoming quarter.

United Airlines Holdings shares are down 66.42% from the beginning of the year and are trading at $29.66 , down-from-52-week-high.They are under-performing the which is down 10.24% year to date.

United Airlines Holdings shares gained 0.27% in after-hours trade the report.

United Airlines Holdings follows other major Transportation sector earnings this month

United Airlines Holdings’s report follows an earnings beat by Union Pacific on April 23, who reported EPS of $2.15 on revenue of $5.23B, compared to forecasts EPS of $1.9 on revenue of $5.11B.

United Parcel Service had missed expectations on Tuesday with first quarter EPS of $1.15 on revenue of $18.04B, compared to forecast for EPS of $1.25 on revenue of $17.34B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

See also  Forget Premium Bonds! I think FTSE 100 dividend stocks can help you retire early

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





READ SOURCE

LEAVE A REPLY

Please enter your comment!
Please enter your name here