British Airways owner bets on costs not bailouts to survive
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United Airlines (UAL) Tops Q1 EPS by 90c, Revenues Miss
April 30, 2020 4:34 PM EDTUnited Airlines (NASDAQ: UAL) reported Q1 EPS of ($2.57), $0.90 better than the analyst estimate of ($3.47). Revenue for the quarter came in at $7.98 billion versus the consensus estimate of $8.22 billion.
First Quarter Results
Reported first quarter net loss of $1.7 billion, diluted loss per share of $6.86, and pre-tax loss of $2.1 billion.Reported first quarter adjusted net loss of $639 million, adjusted diluted loss per share of $2.57, and adjusted pre-tax loss of $1.0 billion.¹COVID-19 Actions
The company took early and aggressive action intended to mitigate the impact of COVID-19 to position the... More
