United Airlines Q2 2023 Earnings Report
Key Takeaways
United Airlines reported strong second-quarter 2023 financial results, achieving record-setting financial performance. The company reported earnings per share of $3.24 and pre-tax margin of 9.8%. On an adjusted basis, earnings per share was $5.03 and pre-tax margin was 15.3%.
Achieved highest quarterly adjusted EPS and second-quarter adjusted pre-tax margin in company history.
Expects full-year 2023 adjusted EPS to now be $11-$12.
Strengthened balance sheet -- ahead of pace to reach FY23 leverage target.
Record-setting 2Q performance is clear evidence of 'United Next' success.
United Airlines
United Airlines
United Airlines Revenue by Segment
Forward Guidance
The momentum from the second quarter is expected to power the company to full year 2023 adjusted earnings per share of $11 to $12, up versus previous guidance of $10 to $12.
Revenue & Expenses
Visualization of income flow from segment revenue to net income