UAL (UAL) Sees 2018 EPS at $6.50-$8.50
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United Air shares tumble as it vows to match low fares, expand capacity
January 23, 2018 4:28 PM ESTBy Alana Wise
NEW YORK (Reuters) - United Continental Holdings Inc (NYSE: UAL) shares fell more than 6 percent in after-hours trading on Tuesday as the airline said it plans to increase capacity, likely threatening its profit margin as it is locked in a price war with low-cost carriers.
"The best way to compete with low-cost carriers is to match their prices," one of its executives said on an earnings call with analysts and investors. "We can't let low-cost carriers... More
United Continental (UAL) Tops Q4 EPS by 6c, Beats on Revenues
January 23, 2018 4:07 PM ESTUnited Continental (NYSE: UAL) reported Q4 EPS of $1.40, $0.06 better than the analyst estimate of $1.34. Revenue for the quarter came in at $9.44 billion versus the consensus estimate of $9.42 billion.
UAL reported fourth-quarter net income of $580 million, diluted earnings per share of $1.99, pre-tax earnings of $600 million and pre-tax... More