United Airlines Holdings Q2 2024 Adj EPS $4.14 Beats $3.95 Estimate, Sales $14.986B Miss $15.096B Estimate
Portfolio Pulse from Benzinga Newsdesk
United Airlines Holdings (NASDAQ:UAL) reported Q2 2024 adjusted EPS of $4.14, beating the analyst estimate of $3.95. However, sales of $14.986 billion missed the estimate of $15.096 billion. Sales increased by 5.70% compared to the same period last year.
July 17, 2024 | 8:01 pm
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United Airlines Holdings reported Q2 2024 adjusted EPS of $4.14, beating estimates, but sales of $14.986 billion missed expectations. Sales increased by 5.70% YoY.
The EPS beat is a positive indicator, but the sales miss could temper investor enthusiasm. The YoY sales increase is a positive sign, but the mixed results may lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100