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United Airlines Holdings Earnings, Revenue Miss in Q1 -Breaking

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© Reuters. United Airlines Holdings Misses Q1 Revenue and Earnings

Investing.com reports that United Airlines Holdings reported on Wednesday the results of their first quarter. They missed forecasts by analysts and had revenue below estimates.

United Airlines Holdings reported earnings per share at $-4.24 on revenues of $7.57B. Investing.com polled analysts to predict EPS at $-4.14 on $7.6B revenue.

United Airlines Holdings shares have fallen 24% since the start of the year. However, they are still 23.21% below their 52-week high of $60.58 on June 2, 2021. They are under-performing the S&P 500 which is down 6.44% from the start of the year.

After-hours trading for United Airlines Holdings saw a 5.65% increase in shares.

United Airlines Holdings has been following the major industrial sector earnings for this month

United Airlines Holdings reports on Tuesday after Lockheed Martin beats them on earnings. They reported an EPS report of $6.44 for $14.96B in revenue, while forecasts were for EPS to be $6.21 at $15.64B.

CSX exceeded expectations with Wednesday’s first quarter EPS at $0.39 on revenues of $3.41B. That compares to the $0.3799 forecast on revenue revenue of 3.33B for EPS at $0.3799.

You can keep up-to date on the latest earnings reports by visiting Investing.com’s earnings calendar

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