United Airlines (UAL) 4Q 2024 earnings

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A United Airlines plane departs the runway at Newark Liberty International Airport in front of the Lower Manhattan skyline and One World Trade Center in New York City on December 4, 2024 in Newark, New Jersey.

Gary Hershorn | Corbis News Getty Images

United Airlines A first-quarter revenue forecast beat analysts’ estimates as the carrier looks to grow revenue again in 2025 thanks to strong travel demand.

The airline said Tuesday that LSEG estimates adjusted earnings of 75 cents to $1.25 in the first three months of the year, beating analysts’ expectations of 54 cents.

As of Tuesday’s close, United’s stock was up more than 180 percent over the past 12 months. United shares rose more than 3% in extended trading after the results were released.

Here’s what United reported for the fourth quarter, compared with Wall Street expectations, based on estimates compiled by LSEG.

  • Earnings per share: $3.26 adjusted from $3.00 expected
  • Income: 14.70 billion dollars is expected from 14.47 billion dollars

For full-year 2025, United expects adjusted earnings to grow to $11.50 to $13.50, compared with expectations of $12.82, according to LSEG.

United and rival Delta They have benefited from high demand for premium seats such as business class, international travel and their large loyalty programs. Delta CEO Ed Bastian said earlier this month that he expects 2025 to be the carrier’s “best financial year in our history.”

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United reported a fourth-quarter profit of $985 million, up 64 percent from a year earlier, on revenue of $14.70 billion, up 8 percent from a year earlier. Adjusting for one-time items, United reported $3.26 a share for the fourth quarter, also beating expectations.

Loyalty-program revenue, as well as international, domestic and basic economy-class revenue, were all higher than a year ago, while unit revenue, a measure of pricing power, turned positive in the same quarter of 2023.

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