United Airlines quarterly loss narrows on strong holiday travel demand
United on Wednesday reported a narrower-than-expected Q4 loss, helped by strong holiday travel demand. On an adjusted basis, the Chicago-based carrier reported a loss of $1.60 per share for the quarter through December, compared with a loss of $7.00 per share a year ago. Analysts surveyed by Refinitiv, on average, had expected the airline to report a quarterly loss of $2.11 per share. Q4 revenue came in at $8.19b, compared with $3.4b a year ago, beating the consensus estimate of $7.97b. <br/>
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United Airlines quarterly loss narrows on strong holiday travel demand
United on Wednesday reported a narrower-than-expected Q4 loss, helped by strong holiday travel demand. On an adjusted basis, the Chicago-based carrier reported a loss of $1.60 per share for the quarter through December, compared with a loss of $7.00 per share a year ago. Analysts surveyed by Refinitiv, on average, had expected the airline to report a quarterly loss of $2.11 per share. Q4 revenue came in at $8.19b, compared with $3.4b a year ago, beating the consensus estimate of $7.97b. <br/>