United Airlines on Monday reported its fifth consecutive quarterly net loss though travel demand has recently improved as vaccinations ramp up and governments loosen travel restrictions.
Here’s how United performed in the first quarter compared with what Wall Street expected, based on average estimates compiled by Refinitiv:
- Adjusted results per share: a loss of $7.50 versus an expected loss of $7.08 a share
- Total revenue: $3.22 billion versus expected $3.26 billion in revenue
The company’s executives will discuss results in a 10:30 a.m. ET on Tuesday.
This is breaking news. Check back for updates.