Investing.com - United Airlines Holdings reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
United Airlines Holdings announced earnings per share of $-9.31 on revenue of $1.48B. Analysts polled by Investing.com anticipated EPS of $-8.71 on revenue of $1.28B.
United Airlines Holdings shares are down 62.5% from the beginning of the year and are trading at $32.94 , down-from-52-week-high.They are under-performing the S&P 500 which is up 0.85% from the start of the year.
United Airlines Holdings shares lost 0.27% in after-hours trade after the report.
United Airlines Holdings follows other major Transportation sector earnings this month
United Airlines Holdings's report follows an earnings beat by Canadian National Railway on Tuesday, who reported EPS of $1.28 on revenue of $3.21B, compared to forecasts EPS of $0.92 on revenue of $3,249M.
FedEx had beat expectations on Tuesday, June 30, 2020 with fourth quarter EPS of $2.53 on revenue of $17.4B, compared to forecast for EPS of $1.58 on revenue of $16.41B.
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