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United Airlines Q1 Adjusted Loss Narrows, Revenue Rises; Shares Climb After Hours
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United Airlines Q1 Adjusted Loss Narrows, Revenue Rises; Shares Climb After Hours
Apr 16, 2024 1:48 PM

04:21 PM EDT, 04/16/2024 (MT Newswires) -- United Airlines (UAL) reported a Q1 adjusted loss late Tuesday of $0.15 per diluted share, narrowing from the loss of $0.63 a year earlier.

Analysts surveyed by Capital IQ expected a loss of $0.57.

Revenue in the quarter ended March 31 rose to $12.54 billion from $11.43 billion a year earlier.

Analysts surveyed by Capital IQ expected $12.39 billion.

Shares of the company climbed 5% in after-hours activity.

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