United Airlines Holdings, Inc
UAL NASDAQ

UAL
United Airlines Holdings, Inc NASDAQ
 
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Upcoming Earnings
EPS
Market Cap
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P/E

History of UAL

Important events

Jul 232021

United wobbles on Q2 earnings

Shares of United Airlines manage to pull it back, dipping in early morning trading after Q2 results are released but closing Wednesday up 3.8% and remaining steady through Thursday.

The airline’s second quarter earnings reported a loss of $3.91 per share, in line with what analysts were expecting, on revenues of $5.47 billion, exceeding expectations of $5.37 billion. The return of domestic travel has been a key factor in the firm’s recovery from its pandemic-fuelled fall, but United said that long-haul travel has been pulling its weight too, bouncing back quicker than expected in Q2.

Despite worries that the Delta variant of the Coronavirus might stop the airline industry’s comeback, United remains optimistic, and expects to see a profit in Q3 and Q4 on a pre-tax basis.

There will be ups and downs, and we’re prepared to deal with whatever those are, knowing that we can’t precisely forecast exactly what the ups and downs are going to be.

said CEO Scott Kirby.