Earnings

United (UAL) earnings Q4 2020

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A Boeing 787 Dreamliner operated by United Airlines takes off from Los Angeles International Airport.

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United Airlines on Wednesday posted a fourth-quarter loss and warned sales would continue to suffer in the early part of 2021 as the coronavirus pandemic drags on.

Here’s how United performed in the quarter, compared with what Wall Street expected, based on average estimates compiled by Refinitiv:

  • Adjusted earnings per share: a loss of $7 versus an expected loss of $6.60 a share.
  • Revenue: $3.41 billion versus expected $3.44 billion in revenue.

United’s fourth-quarter revenue fell 69% from a year earlier to $3.41 billion, below analysts’ estimates of $3.44 billion. Its net loss of…



Source cnbc.com

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