United Airlines' Q1 2025 earnings report

United Airlines Beats Q4 Earnings with Adjusted EPS of $3.26, Revenue at $14.7B; Stock Up 4% After Hours

Jan 21, 2025, 09:09 PM

United Airlines Holdings, Inc. reported its fourth-quarter earnings, surpassing Wall Street's expectations. The company achieved an adjusted earnings per share (EPS) of $3.26, beating the consensus estimate of $2.99, and recorded revenue of $14.7 billion, which was a 7.8% increase year-over-year and above the anticipated $14.4 billion. The airline's stock rose 4% in after-hours trading following the announcement. For the fourth quarter, United also reported a GAAP EPS of $2.95, up 63% from the previous year, and a net income of $1.0 billion. Passenger revenue reached $13.1 billion, cargo revenue was $439 million, and other revenue stood at $869 million. For the first quarter of 2025, United Airlines expects an adjusted EPS between $0.75 and $1.25, exceeding the estimate of $0.54. The company also provided a full-year 2025 outlook, forecasting adjusted diluted EPS to range from $11.50 to $13.50, with capital expenditures planned to be less than $7 billion. United's CEO highlighted a strong performance in 2024 and expressed optimism about continuing demand trends into 2025, aiming for double-digit pre-tax margins. The airline is also accruing profit sharing between $40 million and $60 million based on current labor agreements, with expected growth in domestic revenue per available seat mile (RASM).