United Airlines Holdings Earnings, Revenue Miss in Q1

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United Airlines Holdings announced earnings per share of $-4.24 on revenue of $7.57B. Analysts polled by Investing.com anticipated EPS of $-4.14 on revenue of $7.6B.

United Airlines Holdings shares are down 24% from the beginning of the year, still down 23.21% from its 52 week high of $60.58 set on June 2, 2021. They are under-performing the S&P 500 which is down 6.44% from the start of the year.

United Airlines Holdings shares gained 5.65% in after-hours trade following the report.

United Airlines Holdings’s report follows an earnings beat by Lockheed Martin on Tuesday, who reported EPS of $6.44 on revenue of $14.96B, compared to forecasts EPS of $6.21 on revenue of $15.64B.

CSX had beat expectations on Wednesday with first quarter EPS of $0.39 on revenue of $3.41B, compared to forecast for EPS of $0.3799 on revenue of $3.33B.

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