Earnings

United Airlines (UAL) results 1Q21

0


A United Airlines Boeing 737 Max 9 aircraft lands at San Francisco International Airport on March 13, 2019 in Burlingame, California.

Justin Sullivan | Getty Images

United Airlines on Monday reported its fifth consecutive quarterly loss, though travel demand has recently improved as Covid-19 vaccinations ramp up and governments loosen travel restrictions.

The company posted a $1.36 billion net loss for the first quarter on $3.22 billion in revenue, which fell nearly 60% from the close to $8 billion in sales it generated in the first quarter of 2020. United’s per-share loss on an adjusted basis came in at $7.50, above the $7.08 per share loss analysts expected.

Here’s how United performed in…



Source cnbc.com

Consumer watchdog issues policy to strengthen national eviction moratorium

Previous article

IBM, United Airlines, Zions Bancorp & more

Next article

You may also like

Leave a Reply

avatar
  Subscribe  
Notify of

More in Earnings