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United Airlines (UAL) 4Q 2024 earnings
A United Airlines airplane proceeds to a runway at Newark Liberty International Airport in front of the skyline of lower Manhattan and One World Trade Center in New York City on December 4, 2024, in Newark, New Jersey.
Gary Hershorn | Corbis News | Getty Images
United Airlines forecast first-quarter earnings that surpassed analysts’ estimates as the carrier seeks to grow earnings again in 2025 thanks to strong travel demand.
The airline said Tuesday that it expects to earn an adjusted 75 cents to $1.25 in the first three months of the year, above the 54 cents analysts had expected, according to LSEG estimates.
United’s stock is up more than 180% over the past 12 months as of Tuesday’s close, more than any other U.S. carrier. United shares were up more than 3% in extended trading after it released results.
Here is what United reported for the fourth quarter compared with what Wall Street expected, based on estimates compiled by LSEG:
- Earnings per share: $3.26 adjusted vs. $3.00 expected
- Revenue: $14.70 billion vs. $14.47 billion expected
For full-year 2025, United expects to grow adjusted earnings to $11.50 to $13.50, in line with expectations of about $12.82, according to LSEG.
United and rival Delta have benefitted from strong demand for pricier seats like in business class, international travel and their massive loyalty programs. Delta’s CEO Ed Bastian earlier this month said he expects 2025 to be the carrier’s “best financial year in our history.”
United reported a $985 million profit for the fourth quarter, up 64% over last year, on $14.70 billion in revenue, which was up about 8% from a year earlier. Adjusting for one-time items, United reported $3.26 a share for the fourth quarter, also ahead of expectations.
Loyalty-program revenue, as well as international, domestic and basic economy-class revenue all rose from a year earlier and unit revenue, which measures pricing power, turned positive over the same quarter of 2023.
United Airlines (UAL) recently released their earnings report for the fourth quarter of 2024, and the results are impressive. Despite challenges in the aviation industry due to the ongoing pandemic and fluctuating fuel prices, United Airlines managed to exceed expectations and deliver strong financial performance.
Key highlights from the earnings report include:
– Total revenue for the fourth quarter reached a record high, surpassing analysts’ estimates.
– The company reported a significant increase in net income compared to the previous quarter, showcasing its ability to adapt and thrive in a challenging environment.
– Passenger traffic and revenue per available seat mile (RASM) also showed positive growth, indicating a strong demand for United Airlines’ services.
– The company’s cost-saving measures and strategic initiatives have helped improve profitability and strengthen its financial position.
Overall, United Airlines’ fourth-quarter earnings reflect its resilience and ability to navigate turbulent market conditions. With a solid financial foundation and a commitment to innovation and customer service, the company is well-positioned for continued success in the future.
Investors and industry analysts are optimistic about United Airlines’ performance and outlook, with many viewing the company as a strong contender in the competitive aviation sector. As the global economy recovers and travel demand rebounds, United Airlines is poised to capitalize on opportunities for growth and expansion.
Stay tuned for more updates and insights on United Airlines’ performance as the company continues to navigate the evolving landscape of the aviation industry.
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United Airlines, UAL, 4Q 2024 earnings, airline industry, financial performance, stock market, revenue growth, quarterly report, investor updates, corporate earnings, aviation sector, profitability analysis, market trends, economic outlook.
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