Revenue segments as reported by the company.

Passenger revenue

Cargo

Other operating revenue

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Salaries and related costs

Aircraft fuel

Landing fees and other rent

Depreciation and amortization

Regional capacity purchase

Aircraft maintenance materials and outside repairs

Distribution expenses

Aircraft rent

Special charges (credits)

Other operating expenses

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

United Continental Hlds

Cape Air, operating as Cape Air, is an airline headquartered at Barnstable Municipal Airport in Barnstable, Massachusetts, United States. It operates scheduled passenger services in the Northeast, the Caribbean, Midwest, Eastern Montana and Micronesia. Flights in Micronesia are operated as United Express flights through a code share partnership with United Airlines. Flights between Hyannis and Nantucket, Massachusetts, are operated under the Nantucket Airlines brand, also operated by Hyannis Air Service, Inc.

Cape Air

SkyWest Airliens, is a North American regional airline headquartered in St. George, Utah. SkyWest is classified as one of the major airlines of the United States and is the largest regional airline in North America when measured by fleet size, number of passengers carried, and number of destinations served. SkyWest is primarily paid to operate and maintain aircraft used on flights that are scheduled, marketed, and priced by a partner mainline airline.

SkyWest Airlines

United Airlines Holdings, Inc. is a holding company, which engages in the provision of transportation services. It operates through the following geographical segments: Domestic, Atlantic, Pacific, and Latin America. The company was founded on December 30, 1968 and is headquartered in Chicago, IL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

United Airlines reports robust Q4 earnings, eyes sustainability and growth

United Airlines demonstrated financial resilience and operational efficiency in Q4 2022, surpassing pre-pandemic income levels.
The company's strategic focus on margin expansion, sustainability, and adaptability positions it well for future growth and industry leadership.
Challenges related to capacity constraints, regulatory scrutiny, and operational disruptions require agile management and strategic decision-making.
United's emphasis on cost reduction, growth flexibility, and customer-centric strategies underpin its competitive advantage and long-term sustainability.

United Airlines reports strong Q1 performance and eyes international growth

United Airlines delivered a strong performance in Q1 2023, showcasing operational resilience and financial stability amidst external challenges, setting a positive tone for future growth.
The company's strategic focus on margin improvement, revenue growth, and operational efficiency positions them well to capitalize on emerging opportunities and navigate industry challenges effectively.
While facing operational and capacity shaping challenges, United remains proactive in addressing these issues and leveraging opportunities in international flying, premium demand, and safety standards.
United Airlines' emphasis on safety, quality training, and revenue enhancement initiatives underscores a commitment to excellence, customer satisfaction, and long-term growth.

United Airlines beats Q2 earnings, eyes international growth opportunities

United Continental Holdings (UAL) delivered strong Q2 earnings despite operational challenges, with a focus on international markets and cost management. The company faces short-term challenges in operational disruptions but remains optimistic about future performance and growth opportunities.

United reports robust Q3 earnings amidst challenges and growth plans

United Continental Holdings (UAL) navigated challenges to deliver strong financial results in Q3, driven by revenue diversity and strategic initiatives.
The company faces headwinds from fuel price volatility, operational disruptions, and regulatory concerns but maintains a focus on cost management and customer satisfaction.
Opportunities lie in global growth plans, fleet expansion, and product diversification, positioning United for long-term success in a changing industry landscape.
United's resilience, strategic vision, and commitment to quality products underscore its ability to overcome challenges and capitalize on opportunities for sustainable growth.

United Airlines reports robust earnings, eyes growth amid industry challenges

United Airlines Holdings' Q4 2023 earnings call showcased strong financial performance, operational resilience, and strategic focus on cost management and revenue growth. The company faces challenges from cost pressures and operational disruptions but remains optimistic about margin improvement and revenue diversification. Opportunities lie in strategic expansion, revenue optimization, and market growth initiatives.

United Continental Holdings reports strong Q1 performance amidst challenges

United Continental Holdings (UAL) showcased a strong Q1 performance with margin improvement and positive momentum despite challenges. The company's focus on safety, operational achievements, and revenue diversification strategies positions it well for growth. Opportunities in enhancing safety standards, premium offerings, and international travel growth are key focus areas for United.

United Airlines reports solid Q2 results, focuses on sustainability

United Airlines' Q2 2024 performance showed revenue growth, cost challenges, and a focus on sustainability and operational efficiency.
The company aims to balance capacity expansion with cost control measures while investing in future fleet and environmental initiatives.
Opportunities lie in leveraging connectivity improvements, fleet expansion, and sustainable practices to drive long-term growth and competitiveness.

United Airlines surpasses Q3 expectations, eyes growth amid challenges

United Continental Holdings reported a robust quarter marked by operational excellence and a focus on enhancing the overall travel experience. Despite facing challenges like severe weather and industry disruptions, the company exceeded financial expectations and emphasized its commitment to customer service and stakeholder value. Analyst inquiries highlighted areas of concern, but United remains optimistic about future performance and growth opportunities.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

American Airlines

Alaska Air Group

Delta Air Lines

Spirit Airlines

United Airlines, Alaska Air, Spirit Airlines, Delta Air and American Airlines are included in this Analyst Blog.

The Zacks Analyst Blog United Airlines, Alaska Air, Spirit Airlines, Delta Air and American Airlines

Athletes and spectators face a scramble to reach Paris in time for the 2024 Olympic Games as a major IT outage continues to cause global air travel chaos. American Airlines and Delta have grounded flights following an apparent issue stemming from a software upgrade at Microsoft's cybersecurity partner Crowdstrike.

Paris Olympics travellers face delays as global flights grounded

United Airlines, Delta Air Lines and American Airlines all issued orders to planes to remain on the ground.

United, Delta, American Airlines Flights Halted Amid Tech Outage

Delta, United, and American issued ground stops on Friday. United and American warned pilots that communication was intermittent.

United and American Airlines are warning pilots they could struggle to communicate due to massive IT outage

Airline stocks are always in focus as summer travel season picks up, even more so with earnings season in high gear.

3 Airline Stocks With New Post-Earnings Setups

United Airlines set a record as it carried 44.4 million passengers — the highest for any second quarter in its history, the company said Thursday (July 18). “We're running the best operation in our history,” United Airlines CEO Scott Kirby said during the earnings call for the quarter ended June 30.

United Airlines Hits Record High in Second-Quarter Passenger Volume

United Airlines Holdings, Inc. (NASDAQ:UAL ) Q2 2024 Results Conference Call July 18, 2024 10:30 AM ET Company Participants Kristina Edwards - Managing Director, Investor Relations Scott Kirby - Chief Executive Officer Brett Hart - President Andrew Nocella - Executive Vice President, Chief Commercial Officer Mike Leskinen - Executive Vice President, Chief Financial Officer Conference Call Participants Jamie Baker - JPMorgan Andrew Didora - Bank of America Conor Cunningham - Melius Research Michael Linenberg - Deutsche Bank Scott Group - Wolfe Research Duane Pfennigwerth - Evercore ISI Sheila Kahyaoglu - Jefferies Brandon Oglenski - Barclays Savi Syth - Raymond James Ravi Shanker - Morgan Stanley Tom Fitzgerald - TD Cowen Mary Schlangenstein - Bloomberg News Claire Bushey - Financial Times Operator Good morning. And welcome to the United Airlines Holdings Earnings Conference Call for the Second Quarter 2024.

United Airlines Holdings, Inc. (UAL) Q2 2024 Earnings Call Transcript

United Airlines stock gained 32% since October 2023, in line with market performance. Q2 earnings show revenue growth falling short of capacity growth, leading to margin contraction. Despite demand pressure and weakening industry sentiment, United Airlines stock is undervalued with potential for 40% upside.

United Airlines Disappoints With Outlook, Demand Concerns Surge

United Airlines Holdings Inc (NASDAQ:UAL, ETR:UAL1) shares traded higher after stronger-than-expected profits for the second quarter overshadowed an earnings miss and softer guidance. Adjusted earnings per share (EPS) for Q2 were $4.14, in line with the airline's guidance and ahead of Street estimates of $3.97.

United Airlines stock higher after mixed Q2 earnings report

United Airlines (UAL) second-quarter 2024 revenues benefit from an uptick in air-travel demand.

United Airlines (UAL) Q2 Earnings Top Estimates, Revenues Lag

United Airlines NASDAQ: UAL is one of the “Big Three” passenger airline companies in the United States, along with Delta Air Lines NYSE: DAL and American Airlines Group NASDAQ: AAL. The firm reported Q2 2024 financial results on Jul. 17, 2024.

Airline Giant Beats EPS Expectations, Signals Capacity Cuts

United Airlines reported higher quarterly profits Wednesday but announced it would trim US capacity later this year as the industry contends with a seat glut that has pressured fares.

United to trim US capacity as profits rise

Although the revenue and EPS for United (UAL) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

United (UAL) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

United Airlines (UAL) came out with quarterly earnings of $4.14 per share, beating the Zacks Consensus Estimate of $3.97 per share. This compares to earnings of $5.03 per share a year ago.

United Airlines (UAL) Q2 Earnings Surpass Estimates

Shares of United Airlines Holdings Inc. dropped more than 3% in the extended session Wednesday after the airline reported a mixed second quarter and guided for lower-than-expected profit in the current quarter.

United Airlines says it saw capacity glut coming, and prepared for it

CHICAGO, July 17, 2024 /PRNewswire/ -- United Airlines (UAL) today reported second-quarter 2024 financial results. The company had pre-tax earnings of $1.7 billion, with a pre-tax margin of 11.6%; adjusted pre-tax earnings1 of $1.8 billion, with an adjusted pre-tax margin1 of 12.1%. The company expects pre-tax margin to be near the top of the industry. The company also achieved diluted earnings per share of $3.96; adjusted diluted earnings per share1 of $4.14, in line with second-quarter 2024 guidance provided at the start of the quarter. The company continues to expect full-year 2024 adjusted diluted earnings per share2 of $9 to $11.

United Airlines Announces Second-Quarter 2024 Financial Results; Achieves 2Q EPS Expectations

United Airlines grew its second-quarter profit thanks to strong travel demand, especially international markets. United and Delta have been standouts in an airline industry awash in U.S. domestic capacity.

United profit grows more than 20% on strong travel demand

United Airlines on Wednesday forecast a lower-than-expected profit in the current quarter and announced plans to cut capacity, providing further evidence that U.S. carriers are struggling to lift their earnings despite record travel demand.

United Airlines earnings outlook underscores discounting pressure

Alcoa

Johnson & Johnson

Pre-market futures are down this morning. This does not appear to be as a result of any releases ahead of the open, but as sort of a mass realization that markets have climbed historically high over the past few weeks — even the Dow hit an all-time closing high yesterday — and another round of profit-taking seems to be in order.

Housing Starts Increased More Than Expected

United Airlines Holdings Inc  (NASDAQ:UAL) will report third-quarter earnings after the close tomorrow, July 17.

United Airlines Stock in Rally Mode Before Earnings

United Airlines flight attendants will vote whether to authorize a strike if agreement on a new employment contract cannot be reached, their union said on Tuesday.

United Airlines flight attendants will vote on strike authorization - union

The Big Three airline will post its second-quarter earnings after Wednesday's closing bell.

United Airlines Earnings Are Coming. Delta's Results Show the Risks.

United Airlines (NASDAQ: UAL) will report its Q2 2024 results on Wednesday, July 17. We expect the company's revenues to come in at $15.2 billion and earnings to be $3.99 per share, aligning with the consensus estimates.

What To Expect From United Airlines' Q2?

The boom in summer travel coupled with the post-pandemic resurgence has put several airline stocks to buy now on investors' radar.  After a slow 2023, airlines are gearing up for what could be its strongest travel season yet.

3 Airline Stocks to Buy Now: Q3 Edition

Besides Wall Street's top -and-bottom-line estimates for United (UAL), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended June 2024.

News for United Continental Hlds Stock (UAL)