CHICAGO (AP) — CHICAGO (AP) — United Airlines Holdings Inc. (UAL) on Wednesday reported second-quarter net income of $1.32 billion.
On a per-share basis, the Chicago-based company said it had net income of $3.96. Earnings, adjusted for non-recurring costs, came to $4.14 per share.
The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $3.97 per share.
The airline posted revenue of $14.99 billion in the period, falling short of Street forecasts. Seven analysts surveyed by Zacks expected $15.13 billion.
United expects full-year earnings in the range of $9 to $11 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UAL at https://www.zacks.com/ap/UAL