© Reuters. United Airlines Holdings earnings, first quarter revenue loss
Investing.com – United Airlines Holdings (NASDAQ 🙂 reported Monday that the first quarter fell short of analysts' forecasts and revenues, which fell short of expectations.
United Airlines Holdings announced earnings per share of $ -7.5 on sales of $ 3.22 billion. Analysts polled by Investing.com expected earnings per share of $ -6.98 on sales of $ 3.31 billion.
United Airlines Holdings stocks are up 27.14% year-to-date, down 13.65% after hitting a 52-week high of $ 63.68 on March 18. They outperform the Nasdaq, which is up 7.96% year-to-date.
United Airlines Holdings shares lost 0.89% in over-the-counter trading, according to the report.
United Airlines Holdings follows other major transportation sector results this month
United Airlines Holdings' report follows a missed profit by Carnival ADS on April 7th, which reported earnings per share of $ 1.78 on revenue of $ 26 million, compared to forecast earnings per share of -1. $ 68 on sales of $ 26 million.
Delta Air Lines missed expectations on Thursday with earnings per share of $ 3.55 on revenue of $ 4.15 billion, compared to a forecast for earnings per share of $ -3.13 on revenue of $ 3.94 billion.
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