United Airlines Announces Third-Quarter Financial Results: Revenue Beats Consensus on Solid Domestic – and Record-Breaking International Performance
Source: United Airlines Company had record setting profits in both Atlantic and Pacific regions Pre-tax income increased 29% y-o-y; on an adjusted basis1 increased 37% Delivered strong operational performance, with September being best on-time performance of the year Increasingly powerful segmentation strategy proving to be a competitive advantage United Airlines (UAL) reported third-quarter 2023 financial results. The company reported quarterly pre-tax income of $1.5 billion, pre-tax margin of 10.3 % and diluted earnings per share of $3.42 and; on an adjusted1 basis, pre-tax income of $1.6 billion, pre-tax margin of 10.8% and diluted earnings per share of $3.65. Total third-quarter top line revenue was up 12.5% year-over-year, a record revenue quarter and near the high end of guidance. United experienced a strong [...]