United Continental Holdings Inc. (UAL) reported that its first-quarter net loss narrowed to $417 million or $1.26 per share, from $448 million or $1.36 per share in the same quarter last year.
But, net loss, excluding special charges, widened to $325 million or $0.98 per share from $286 million or $0.87 per share in the year ago quarter. Analysts polled by Thomson Reuters expected the company to report a loss of $1.09 per share for the quarter. Analysts' estimates typically exclude special items.
Total operating revenue for the quarter rose to $8.72 billion from $8.60 billion in the prior year quarter. Eleven analysts had consensus revenue estimate of $8.69 billion for the quarter.
First-quarter consolidated passenger revenue increased 0.7 percent to $7.6 billion, compared to the same period in 2012.
Consolidated revenue passenger miles or RPMs decreased 1.2 percent on a consolidated capacity or available seat miles decrease of 4.9 percent year-over-year for the first quarter. First-quarter 2013 consolidated load factor was 81.1 percent, an increase of 3.0 points versus the first quarter of 2012.
First-quarter consolidated passenger revenue per available seat mile or PRASM increased 5.9 percent compared to the same period in 2012.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.