Investing.com - United Airlines Holdings reported fourth quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $2.67 on revenue of $10.89B. Analysts polled by Investing.com expected EPS of $2.65 on revenue of $10.88B. That compared to EPS of $2.41 on revenue of $10.49B in the same period a year earlier. The company had reported EPS of $4.07 on revenue of $11.38B in the previous quarter.
United Airlines Holdings shares lost 0.83% to trade at $85.02 in after-hours trade following the report.
For the year, United Airlines Holdings shares are down 2.68%, under-performing the Nasdaq which is up 3.67% year to date.
United Airlines Holdings follows other major Transportation sector earnings this month
On Thursday, CSX reported fourth quarter EPS of $0.99 on revenue of $2.89B, compared to forecasts of EPS of $0.96 on revenue of $2.92B.
Delta Air Lines earnings beat analyst's expectations on Tuesday, January 14, 2020, with fourth quarter EPS of $1.7 on revenue of $11.44B. Investing.com analysts expected EPS of $1.4 on revenue of $11.34B
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