United Airlines Holdings, Inc. Q4 Loss Increases, but beats estimates

United Airlines Holdings, Inc. (UAL) revealed Loss for fourth quarter that decreased from last year and beat the Street estimates.

The company's bottom line totaled -$0.65 billion, or -$1.99 per share. This compares with -$1.90 billion, or -$6.39 per share, in last year's fourth quarter.

Excluding items, United Airlines Holdings, Inc. reported adjusted earnings of -$0.52 billion or -$1.60 per share for the period.

Analysts on average had expected the company to earn -$2.08 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 140.2% to $8.19 billion from $3.41 billion last year.

United Airlines Holdings, Inc. earnings at a glance (GAAP) :

-Earnings (Q4): -$0.65 Bln. vs. -$1.90 Bln. last year.
-EPS (Q4): -$1.99 vs. -$6.39 last year.
-Analyst Estimates: -$2.08
-Revenue (Q4): $8.19 Bln vs. $3.41 Bln last year.

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