Reported about 16 hours ago
United Airlines reported adjusted earnings of $3.87 per share for Q2, surpassing estimates of $3.84, but its operating revenue of $15.2 billion fell short of the $15.33 billion forecast. The airline also revised its full-year earnings guidance down to $9-$11 per share, compared to the previous estimate of $11.50-$13.50. Despite noting a positive shift in demand, stock prices fell over 1.6% as the company faced challenges related to air traffic control and flight cancellations in New York.
Source: YAHOO