Business

United Airlines Reports Fourth-Quarter Earnings Exceeding Expectations

United Airlines Holdings Inc. (UAL) has reported fourth-quarter earnings of $600 million, exceeding Wall Street expectations. The Chicago-based company announced that it had net income of $1.81 per share, with adjusted earnings of $2 per share, surpassing the average estimate of $1.61 per share from eight analysts surveyed by Zacks Investment Research.

Additionally, the airline posted revenue of $13.63 billion, which also topped Street forecasts, as six analysts surveyed by Zacks had expected $13.55 billion.

This positive financial report indicates a strong performance for United Airlines, positioning the company well in the competitive airline industry.

Disclaimer: This article was generated by Automated Insights using data from Zacks Investment Research.

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