United Airlines Q3 2024 Earnings Report
Key Takeaways
United Airlines reported strong financial and operational results for Q3 2024, exceeding EPS expectations. Revenue trends improved as unprofitable capacity exited the market, with domestic unit revenue positive year-over-year in August and September. The company also announced a $1.5 billion share repurchase program.
Pre-tax earnings of $1.3 billion, with a pre-tax margin of 8.7%.
Diluted earnings per share of $2.90; adjusted diluted earnings per share of $3.33.
Total operating revenue of $14.8 billion, up 2.5% compared to third-quarter 2023.
Board of Directors authorized a new share repurchase program for up to $1.5 billion.
United Airlines
United Airlines
United Airlines Revenue by Segment
Forward Guidance
The company did not provide specific forward guidance in this release.
Revenue & Expenses
Visualization of income flow from segment revenue to net income