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Stock impact report

Airline Stock Roundup: UAL & ALK Report Q1 Loss, SAVE Tweaks View [Yahoo! Finance]

United Airlines Holdings, Inc. (UAL) 
Last united airlines holdings, inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.united.com
Company Research Source: Yahoo! Finance
Both companies incurred a quarterly loss mainly due to high costs. First-quarter 2024 earnings-related update was also mentioned in the previous week's write-up. Spirit Airlines SAVE, which is grappling with geared turbofan or GTF engine issues, made some adjustments to its outlook for first-quarter 2024. Allegiant Travel ALGT was also in the news as its flight attendants voted to approve a new labor deal. Recap of the Recent Most Important Stories 1 United Airlines reported first-quarter 2024 loss per share (excluding 23 cents from non-recurring items) of 15 cents, which was narrower than the Zacks Consensus Estimate of a loss of 53 cents per share. In the year-ago reported quarter, UAL had reported a loss of 63 cents per share. Operating revenues of $12,539 million beat the Zacks Consensus Estimate of $12,428.4 million. The top line increased 9.7% year over year due to upbeat air travel demand, driven by a 10.1% rise in passenger revenues (which accounted for 90.2% of the top Show less Read more
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