United Airlines Holdings, Inc. (UAL) has announced its fourth-quarter earnings, showcasing a notable increase from the previous year and surpassing Wall Street projections. The company's earnings reached $985 million, translating to $2.95 per share, compared to $600 million or $1.81 per share in the same quarter last year.
When excluding certain items, United Airlines reported an adjusted earnings figure of $1.090 billion or $3.26 per share for the quarter. This exceeded the analysts' consensus, who had anticipated earnings of $3.03 per share, typically excluding special items.
Revenue for the quarter rose by 7.8%, amounting to $14.695 billion, up from $13.626 billion in the previous year.
Summary of United Airlines Holdings, Inc. Earnings (GAAP):
- Earnings: $985 million, compared to $600 million last year.
- EPS: $2.95, compared to $1.81 last year.
- Revenue: $14.695 billion, compared to $13.626 billion last year.
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