CHICAGO (AP) — CHICAGO (AP) — United Airlines Holdings Inc. (UAL) on Monday reported fourth-quarter earnings of $600 million.
On a per-share basis, the Chicago-based company said it had net income of $1.81. Earnings, adjusted for non-recurring costs, were $2 per share.
The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.61 per share.
The airline posted revenue of $13.63 billion in the period, also topping Street forecasts. Six analysts surveyed by Zacks expected $13.55 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UAL at https://www.zacks.com/ap/UAL