Wednesday, 18 October 2023

United Airlines Q3 2023 Earnings: Stay tuned for the live earnings call and real-time transcript

by Rose White

United Airlines Holdings Inc. (NASDAQ: UAL) is all set to report third-quarter earnings today after the closing bell, amid expectations for an increase in revenues and profit.

United Airlines Q3 2023 Earnings: Stay tuned for the live earnings call and real-time transcript


Listen to United Airlines earnings call live and check the real-time transcript


Analysts’ consensus forecast for third-quarter adjusted earnings is $3.35 per share, compared to $2.81 per share in the year-ago quarter. It is estimated that September-quarter revenues increased 13.2% annually to $14.44 billion.

In the second quarter, United Airlines delivered a total operating revenue of $14.1 billion, which is up 17% year-over-year. Net income more than doubled year-over-year to $1 billion, or $3.24 per share. Adjusted earnings came in at $5.03 per share, which is sharply higher than the profit reported last year. The company expects adjusted earnings per share of $11-12 for fiscal 2023.

The post United Airlines Q3 2023 Earnings: Stay tuned for the live earnings call and real-time transcript first appeared on AlphaStreet.

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