2023-07-19 16:02:06 ET
- United Airlines press release ( NASDAQ: UAL ): Q2 Non-GAAP EPS of $5.03 beats by $0.98 .
- Revenue of $14.18B (+17.1% Y/Y) beats by $250M .
- In addition to YOY EPS and pre-tax margin improvement, achieved highest quarterly adjusted EPS and second-quarter adjusted pre-tax margin in company history.
- TRASM down 0.4% compared to second-quarter 2022.
- CASM down 4.0%, and CASM-ex up 2.0%, compared to second-quarter 2022
- Average fuel price per gallon of $2.66.
- Trailing twelve months adjusted net debt 1 to adjusted EBITDAR of 2.4x.
- Outlook: Expects full-year 2023 adjusted EPS to now be $11-$12 vs. consensus of $9.65 .
- Shares +2.01% .
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United Airlines Non-GAAP EPS of $5.03 beats by $0.98, revenue of $14.18B beats by $250M