UAL - United Airlines Q2 Earnings: Revenue Miss EPS Beat Guidance Unchanged And More | Benzinga
United Airlines Holdings Inc (NASDAQ:UAL) reported second-quarter financial results Wednesday after the bell. Here’s a look at the key metrics from the quarter.
Q2 Earnings: United Airlines reported second-quarter revenue of $14.986 billion, missing the consensus estimate of $15.096 billion, according to Benzinga Pro. The airline company reported adjusted quarterly earnings of $4.14 per share, beating analyst estimates of $3.95 per share.
United said capacity was up 8.3% on a year-over-year basis. TRASM (total revenue per available seat mile) was down 2.4% and CASM (cost per available seat mile) was down 4.8%.
United ended the quarter with $18.2 billion in total liquidity and $26.6 billion in total debt and finance lease obligations.
“The revenue ...