United Airlines (UAL) earnings Q1 2023


A view of a United Airlines plane at Barcelona Airport in Barcelona, Spain, on February 27, 2023.

Joan Valls | Nurphoto | Getty Images

United Airlines reported a loss for the first three months of the year but forecast a profit for the second quarter, when the peak summer travel season picks up.

United joined rival Delta Air Lines in reporting strong travel demand for the spring and summer, despite some predictions for an economic slowdown. For the second quarter, United expects adjusted earnings per share of $3.50 to $4 and revenues to rise 14% to 16% from last year, on capacity up 18.5% from last year.

Here’s how United performed in the first quarter compared with what Wall Street…

Source cnbc.com

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