United Airlines Holdings Earnings, Revenue Miss in Q1
2022.04.21 00:02
United Airlines Holdings Earnings, Revenue Miss in Q1
Investing.com – United Airlines Holdings (NASDAQ:UAL) reported on Wednesday first quarter earnings that missed analysts’ forecasts and revenue that fell short of expectations.
United Airlines Holdings announced earnings per share of $-4.24 on revenue of $7.57B. Analysts polled by Investing.com anticipated EPS of $-4.14 on revenue of $7.6B.
United Airlines Holdings shares are down 24% from the beginning of the year, still down 23.21% from its 52 week high of $60.58 set on June 2, 2021. They are under-performing the S&P 500 which is down 6.44% from the start of the year.
United Airlines Holdings shares gained 5.65% 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 beat by Lockheed Martin on Tuesday, who reported EPS of $6.44 on revenue of $14.96B, compared to forecasts EPS of $6.21 on revenue of $15.64B.
CSX had beat expectations on Wednesday with first quarter EPS of $0.39 on revenue of $3.41B, compared to forecast for EPS of $0.3799 on revenue of $3.33B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
