earnings
confidence high
sentiment positive
materiality 0.85
United Airlines Q3 adj. EPS $3.33 beats guidance; announces $1.5B share repurchase
United Airlines Holdings, Inc.
2024-Q3 EPS reported
$6.49
revenue$42,368,000,000
- Adjusted diluted EPS $3.33 vs. guidance $2.75–$3.25; revenue $14.8B, up 2.5% YoY.
- Board authorizes $1.5B share repurchase program, first since 2020; $500M limit through year-end 2024.
- Pre-tax earnings $1.3B (8.7% margin); adjusted pre-tax $1.4B (9.7% margin).
- Voluntarily prepaid remaining $1.8B MileagePlus term loan (interest near 11%).
- Corporate revenue up 13% YoY in Sept; premium revenue up 5% YoY; Basic Economy up 20%.