Earning Analysis
Welcome to our in-depth analysis of United Airlines Holdings Inc(UAL) earnings, offering investors a detailed look into the company’s financial performance, revenue trends, earnings per share (EPS), and market reactions. This page provides a comprehensive overview of United Airlines Holdings Inc earnings history, forecasts, and key financial metrics, empowering you with the data needed to make informed investment decisions. Whether you're tracking quarterly results, analyzing earnings surprises, or exploring future projections, our detailed breakdown covers it all.
Earnings Forecast
Revenue
EPS
Currency: USD
Actual
Estimate
Surprise Analysis
| - | 2025-10-15 | After Hours | 2.64 | 2.78 | +5.30 | 15.27B | 15.23B | -0.29 | -5.63 | -3.79 |
| FY2025Q2 | 2025-07-16 | After Hours | 3.86 | 3.87 | +0.26 | 15.34B | 15.24B | -0.68 | +3.11 | +2.61 |
| FY2025Q1 | 2025-04-15 | After Hours | 0.80 | 0.91 | +13.75 | 13.18B | 13.21B | +0.22 | -0.01 | -0.04 |
| FY2024Q4 | 2025-01-21 | After Hours | 3.01 | 3.26 | +8.31 | 14.35B | 14.70B | +2.42 | -2.31 | -3.78 |
| FY2024Q3 | 2024-10-15 | After Hours | 3.10 | 3.33 | +7.42 | 14.73B | 14.84B | +0.79 | +12.44 | +16.30 |
| FY2024Q2 | 2024-07-17 | - | 3.97 | 4.14 | +4.28 | 14.97B | 14.99B | +0.10 | -0.28 | +2.44 |
| FY2024Q1 | 2024-04-16 | - | -0.53 | -0.15 | +71.70 | 12.39B | 12.54B | +1.17 | +1.12 | +31.43 |
| FY2023Q3 | 2023-10-17 | - | 3.40 | 3.65 | +7.35 | 14.41B | 14.48B | +0.52 | +1.49 | -10.50 |
| - | 2023-07-19 | - | 3.99 | 5.03 | +26.07 | - | - | - | +0.02 | -1.04 |
| - | 2023-04-18 | - | -0.73 | -0.63 | +13.70 | - | - | - | +1.56 | +3.66 |
UAL Earnings Analysis
Our earnings analysis provides a granular look at the company’s performance across recent fiscal quarters, highlighting key metrics such as revenue, EPS, and operating margins. By examining actual results against analyst estimates, we uncover trends and surprises that drive stock price movements, offering valuable insights for both short-term traders and long-term investors.
In the most recent quarter, United Airlines Holdings Inc reported performance for , announced on 2025-10-15. The company achieved an EPS of 2.78, compared to analyst estimates of 2.64 by 5.30% . Revenue for the quarter reached 15.23B compared to expectations of 15.27B by -0.29% .
The stock price reacted with a -5.63% one-day change and a -3.79% five-day change following the earnings release. These movements reflect market reaction in United Airlines Holdings Inc growth trajectory and strategic initiatives.
UAL Earnings Forecast
Looking ahead, United Airlines Holdings Inc(UAL) remains a focal point for investors seeking growth opportunities. Analyst forecasts for 2025/Q4 project quarter revenue of 15.45B and an EPS of 3.19.
However, recent estimate revisions provide additional context. Over the past three months, revenue estimates for FY2025 have been Revise Upward by 0.41%, while EPS estimates have been Revise Upward by 5.2%. For the upcoming Q4 2025, revenue estimates have been adjusted Revise Upward by 2.38% . These revisions correlate with a -1.75% change in stock price over the same period, suggesting potential buying opportunities for investors who believe in United Airlines Holdings Inc long-term fundamentals.
The relationship between earnings forecast revisions and stock price movements is critical for investors. Positive revisions in revenue or EPS often signal strengthening fundamentals, making temporary price dips attractive entry points. Conversely, downward revisions may reflect short-term challenges.
Estimate Revision
The chart shows the correlation between UAL's stock price and earnings forecast revisions. Positive revisions in Revenue or EPS often strengthen the stock's fundamentals, making price dips potential buying opportunities.
Revenue Estimates for FY2025
Revise Upward
+0.41%
In Past 3 Month
EPS Estimates for FY2025
Revise Upward
+5.2%
In Past 3 Month
Revenue Estimates for Q4 2025
Revise Upward
+2.38%
In Past 3 Month
Stock Price
Go Down
-1.75%
In Past 3 Month
1Y
3Y
5Y
Annual FY 2025
Currency: USD
1Y
3Y
5Y
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Revenue Estimate-Annual FY 2025:59.15B
--
EPS Estimate-Annual FY 2025:10.83
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Stock Price104.73
UAL Revenue and EPS Performance: A Historical Perspective
United Airlines Holdings Inc revenue and earnings per share (EPS) performance over recent quarters provides a clear picture of its financial health. Below is a detailed breakdown of the company’s earnings history, showcasing actual results, analyst estimates, and surprise percentages for key fiscal quarters:
(2025-10-15,After Hours):
EPS: 2.78 (Actual) vs.2.64 (Estimate) (5.30%)
Revenue: 15.23B (Actual) vs. 15.27B (Estimate) (-0.29%)
Price Reaction: -5.63%(1-Day), -3.79%(5-Day)
FY2025Q2 (2025-07-16,After Hours):
EPS: 3.87 (Actual) vs.3.86 (Estimate) (0.26%)
Revenue: 15.24B (Actual) vs. 15.34B (Estimate) (-0.68%)
Price Reaction: 3.11%(1-Day), 2.61%(5-Day)
FY2025Q1 (2025-04-15,After Hours):
EPS: 0.91 (Actual) vs.0.80 (Estimate) (13.75%)
Revenue: 13.21B (Actual) vs. 13.18B (Estimate) (0.22%)
Price Reaction: -0.01%(1-Day), -0.04%(5-Day)
Earnings Reaction
The chart below shows how UAL performed 10 days before and after its earnings report, based on data from the past quarters. Typically, UAL sees a -2.81% change in stock price 10 days leading up to the earnings, and a +2.29% change 10 days following the report. On the earnings day itself, the stock moves by +1.29%. This data can give you a slight idea of what to expect for the next quarter's release.
For example, in SEP/2025, the stock changed -5.63% on the day following the earnings release and then changed by -7.80% over the next 10 days. These patterns provide investors with valuable insights into potential price movements and help inform trading strategies around earnings events.
Transcript Summary
United Airlines Holdings Inc (UAL) Q3 2025 Earnings Call Summary
Positive
2025-10-16
The earnings call indicates a positive outlook with improving demand, strong Q4 bookings, and a focus on premium and brand-loyal customers. Despite some challenges in Latin America, the strategic focus on premium products and loyalty programs is expected to drive growth. The Q&A section further supports this with insights into strong pricing, positive momentum, and margin improvement strategies. The absence of negative guidance and the emphasis on future growth initiatives suggest a positive stock price reaction.
United Airlines Holdings Inc (UAL) Q2 2025 Earnings Call Summary
Positive
2025-07-17
The earnings call highlights strong operational performance, brand loyalty, and strategic advantages such as better hubs and international gateways. The Q&A section reveals optimism about business demand recovery and corporate relationships, with broad-based demand improvements. Although there are some capacity cuts, the focus on premium products and infrastructure investments like Starlink indicates a positive outlook. The lack of specific guidance details is mitigated by the overall positive sentiment and strategic growth plans. Consequently, the stock price is likely to experience a positive movement in the short term.
United Airlines Holdings Inc (UAL) Q1 2025 Earnings Call Summary
Positive
2025-04-16
The earnings call highlighted strong financial performance with record revenues, EPS exceeding expectations, and robust free cash flow. The company also demonstrated effective cost management, reduced leverage, and strong liquidity. The Q&A session provided confidence in future margin improvement and strategic buybacks. Despite some concerns about recession impacts, management's optimism about international markets and brand loyalty, along with the share repurchase program, supports a positive outlook. The lack of clear guidance on recession impacts is a slight negative, but overall sentiment remains positive.
United Airlines Holdings Inc (UAL) Q1 2025 Earnings Call Summary
Positive
2025-04-16
The earnings call highlights strong financial performance with record revenue, increased EPS, and improved margins. Despite potential recession risks, optimistic guidance and strategic cost management are emphasized. The share repurchase program and strong liquidity position further bolster confidence. The Q&A section reveals management's proactive approach to challenges and strategic focus on brand loyalty and market share. Overall, the positive financial metrics and strategic initiatives outweigh concerns, indicating a likely positive stock price movement.
United Airlines Holdings, Inc. (UAL) Q3 2024 Earnings Call Summary
Positive
2024-10-16
The earnings report shows strong financial performance, with EPS exceeding guidance and revenue growth. The share repurchase program is a positive signal for shareholder returns. The Q&A reveals optimism in future strategies and margin expansion, despite some uncertainties around Boeing's impact. Overall, the positive financial metrics and strategic outlook suggest a likely stock price increase of 2% to 8% over the next two weeks.
United Airlines Holdings, Inc. (UAL) Q2 2024 Earnings Call Summary
Positive
2024-07-18
The earnings call reveals mixed signals: strong financial metrics with EPS ahead of expectations, a share repurchase program, and significant revenue growth in premium and basic economy sectors suggest positive sentiment. However, challenges like regulatory scrutiny, supply chain issues, and declining PRASM metrics pose concerns. The Q&A indicates cautious optimism with long-term partnerships and premium market leadership. Adjustments in fleet plans and capacity management show proactive strategies. Overall, the positives slightly outweigh the negatives, leading to a 'Positive' sentiment prediction for the stock price movement.
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FAQ
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