05:55 AM EDT, 07/18/2024 (MT Newswires) -- (Updates with Q3 and 2024 guidance in the fifth and sixth paragraphs and latest stock movements in the last paragraph)

United Airlines (UAL) reported Q2 adjusted earnings late Wednesday of $4.14 per diluted share, down from 5.03 a year earlier.

Analysts surveyed by Capital IQ expected a loss of $3.93.

Operating revenue in the quarter ended June 30 rose to $14.99 billion from $14.18 billion a year earlier.

Analysts surveyed by Capital IQ expected $14.97 billion.

For Q3, the company expects adjusted earnings of $2.75 to $3.25 per diluted share. Analysts polled by Capital IQ expect $3.38.

For 2024, the company reaffirmed its previous adjusted earnings guidance of $9.00 to $11.00 per diluted share. Analysts polled by Capital IQ expect $9.76.

Shares fell less than 1% in Thursday's premarket activity.

Price: 46.75, Change: -0.19, Percent Change: -0.40