United Airlines: Q4 in line with expectations
(CercleFinance.com) - On Tuesday evening, United Airlines Holdings reported Q4 2019 adjusted net income of 676 million dollars, representing EPS that is up 11% at 2.
67 dollars, in line with the consensus.
Its adjusted pre-tax margin improved by 0.5 point to 8.2% over one year, for operating revenues that are up 3.8% at 10.9 billion dollars (+3.9% for revenues from passenger traffic).
The Chicago-based airline says it earned adjusted EPS of 12.05 dollars in 2019, hence reaching its target range of 11 dollars to 13 dollars a year ahead of schedule, and improving its adjusted pre-tax margin by 2.6 points.
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