Investing.com – United Airlines Holdings reported on Tuesday fourth quarter earnings that beat analysts’ forecasts and revenue that topped expectations.
United Airlines Holdings announced earnings per share of $2.67 on revenue of $10.89B. Analysts polled by Investing.com expected EPS of $2.65 on revenue of $10.88B. That was in comparison with EPS of $2.41 on revenue of $10.49B in the same period a year before.United Airlines Holdings had reported EPS of $4.07 on revenue of $11.38B in the prior quarter.Analysts are expecting EPS of $0.69 and revenue of $10.04B in the upcoming quarter.
United Airlines Holdings stock’s are down 2.68% from the beginning of the year and is trading at $85.02 , still down 10.73% from its 52 week high of $96.03 set on July 19, 2019.
United Airlines Holdings shares lost 0.83% to trade at $85.02 in after-hours trade following the report.
United Airlines Holdings follows other major Transportation sector earnings this month
United Airlines Holdings’s report follows an earnings beat by CSX on Thursday, who reported EPS of $0.99 on revenue of $2.89B, was in comparison with anticipated EPS of $0.96 on revenue of $2.92B.
Delta Air Lines had beat expectations on January 14 with fourth quarter EPS of $1.7 on revenue of $11.44B, was in comparison with expected for EPS of $1.4 on revenue of $11.34B.
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