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United(UAL) - 2024 Q1 - Quarterly Report
2024-04-17 20:01
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES, USE OF PROCEEDS, AND ISSUER PURCHASES OF EQUITY SECURITIES (a) On April 14, 2024, United Airlines, Inc. entered into a confidential agreement with Boeing to accommodate certification delays for the Boeing 737 MAX 10 aircraft (the "Boeing 737 Max 10 Agreement"). The compensation provided by Boeing in connection with rescheduling deliveries is in the form of credit memos for use on future purchases from Boeing. The Company plans to account for these arrangement ...
United(UAL) - 2024 Q1 - Earnings Call Transcript
2024-04-17 18:48
United Airlines Holdings, Inc. (NASDAQ:UAL) Q1 2024 Results Conference Call April 17, 2024 10:30 AM ET Company Participants Kristina Edwards - Managing Director, IR Scott Kirby - Chief Executive Officer Brett Hart - President Andrew Nocella - Executive Vice President and Chief Commercial Officer Mike Leskinen - Executive Vice President and Chief Financial Officer Conference Call Participants Andrew Didora - Bank of America Sheila Kahyaoglu - Jefferies Conor Cunningham - Melius Research Jamie Baker - JPMorga ...
United Airlines (UAL) Q1 Earnings & Revenues Top Estimates
Zacks Investment Research· 2024-04-17 18:31
United Airlines Holdings, Inc. (UAL) reported first-quarter 2024 loss per share (excluding 23 cents from non-recurring items) of 15 cents, which was narrower than the Zacks Consensus Estimate loss of 53 cents. In the year-ago reported quarter, UAL reported a loss of 63 cents per share.Operating revenues of $12,539 million beat the Zacks Consensus Estimate of $12,428.4 million. The top line increased 9.7% year over year due to upbeat air-travel demand. This was driven by a 10.1% rise in passenger revenues (w ...
Photos show heavy rain and severe flooding in the United Arab Emirates
CNBC· 2024-04-17 06:38
Storms and heavy rain have caused flooding in some Gulf states, leading to the Tuesday closure of Dubai's airport — one of the busiest in the world.The United Arab Emirates, usually known for its hot and sunny weather, reportedly saw over 100 mm of rain in a 24-hour period, marking a 75-year record since the country began logging rainfall.The local government also issued a red warning and shuttered offices, school and banks. The storms hit other parts of the Middle East, with at least 19 dead in Oman due to ...
United Airlines Stock Climbs After Topping Q1 Estimates, Issuing Upbeat Guidance
Investopedia· 2024-04-17 02:35
Key TakeawaysUnited Airlines shares jumped more than 5% in extended trading Tuesday evening after the airline topped analysts' quarterly forecasts and issued better-than-expected current-quarter earnings guidance.CEO Scott Kirby said the carrier has adjusted its fleet to better reflect deliveries from manufacturers.Monitor if the United Airlines share price can close above the top trendline of a rising wedge pattern around $43.85. United Airlines (UAL) climbed more than 5% in extended trading on Tuesday aft ...
Compared to Estimates, United (UAL) Q1 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-04-16 22:31
United Airlines (UAL) reported $12.54 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 9.7%. EPS of -$0.15 for the same period compares to -$0.63 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $12.43 billion, representing a surprise of +0.89%. The company delivered an EPS surprise of +71.70%, with the consensus EPS estimate being -$0.53.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings - ...
United Airlines (UAL) Reports Q1 Loss, Tops Revenue Estimates
Zacks Investment Research· 2024-04-16 22:11
United Airlines (UAL) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of a loss of $0.53. This compares to loss of $0.63 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 71.70%. A quarter ago, it was expected that this airline would post earnings of $1.61 per share when it actually produced earnings of $2, delivering a surprise of 24.22%.Over the last four quarters, the company has surpasse ...
United Airlines shares take flight on better-than-expected Q1 earnings
Proactive Investors· 2024-04-16 20:38
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
United Airlines to ‘capitalise on opportunity only $UAL has' after Q1 earnings
Invezz· 2024-04-16 20:16
United Airlines Holdings Inc (NASDAQ: UAL) is trending up in extended hours on Tuesday after reporting better-than-expected financial results for its first quarter.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.United Airlines stock pops on upbeat guidanceCopy link to sectionShares of the air carrier are in the green in after-hours also because its management issued upbeat guidance for the future. $UAL reiterated that its adjusted per-share earnings ...
Should You Buy United Airlines (UAL) Ahead of Earnings?
Zacks Investment Research· 2024-04-15 17:41
UAL Quick Quote - Investors are always looking for stocks that are poised to beat at earnings season and United Airlines Holdings, Inc. ( Free Report ) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because United Airlines is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up- ...