United Airlines Holdings Earnings Miss, Revenue Beats In Q2

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United Airlines Holdings announced earnings per share of $1.43 on revenue of $12.11B. Analysts polled by Investing.com anticipated EPS of $1.86 on revenue of $12.06B.

United Airlines Holdings shares are up 9.33% from the beginning of the year, still down 23.55% from its 52 week high of $54.52 set on November 8, 2021. They are outperforming the S&P 500 which is down 16.92% from the start of the year.

United Airlines Holdings shares lost 5.76% in after-hours trade following the report.

United Airlines Holdings’s report follows an earnings missed by Lockheed Martin on Tuesday, who reported EPS of $1.16 on revenue of $15.45B, compared to forecasts EPS of $6.34 on revenue of $15.99B.

CSX had beat expectations on Wednesday with second quarter EPS of $0.54 on revenue of $3.82B, compared to forecast for EPS of $0.4682 on revenue of $3.65B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar