United Airlines Holdings Earnings Miss, Revenue Beats In Q2
2022.07.21 00:50
United Airlines Holdings Earnings Miss, Revenue Beats In Q2
Investing.com – United Airlines Holdings (NASDAQ:UAL) reported on Wednesday second quarter earnings that missed analysts’ forecasts and revenue that topped expectations.
United Airlines Holdings announced earnings per share of $1.43 on revenue of $12.11B. Analysts polled by Investing.com anticipated EPS of $1.86 on revenue of $12.06B.
United Airlines Holdings shares are up 9.33% from the beginning of the year, still down 23.55% from its 52 week high of $54.52 set on November 8, 2021. They are outperforming the S&P 500 which is down 16.92% from the start of the year.
United Airlines Holdings shares lost 5.76% in after-hours trade following the report.
United Airlines Holdings follows other major Industrials sector earnings this month
United Airlines Holdings’s report follows an earnings missed by Lockheed Martin on Tuesday, who reported EPS of $1.16 on revenue of $15.45B, compared to forecasts EPS of $6.34 on revenue of $15.99B.
CSX had beat expectations on Wednesday with second quarter EPS of $0.54 on revenue of $3.82B, compared to forecast for EPS of $0.4682 on revenue of $3.65B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
