Forse perché pensano che sulla costa est QSFM?
Daje Cesare, -3226!
United: presentazione novità summer 2025: annunciate PMO-EWR e VCE-IAD.
- Autore Discussione Cesare.Caldi
- Data d'inizio
Daje Cesare, -3226!
East End Ave
Utente Registrato
United Airlines Announces Third-Quarter 2024 Financial Results: Exceeds Earnings Per Share Expectations
October 15, 2024
Announces $1.5 billion share repurchase program
Year-to-date generated $7.2 billion of operating cash flow and $3.4 billion free cash flow
Company sees revenue trends improve as industry reached an inflection point in the quarter
CHICAGO, Oct. 15, 2024 /PRNewswire/ -- United Airlines (UAL) today reported third-quarter 2024 financial results. The company had pre-tax earnings of $1.3 billion, with a pre-tax margin of 8.7%; adjusted pre-tax earnings1 of $1.4 billion, with an adjusted pre-tax margin1 of 9.7%. The company also achieved diluted earnings per share of $2.90; adjusted diluted earnings per share1 of $3.33, ahead of the third-quarter 2024 guidance provided at the start of the quarter of $2.75 to $3.25.
The company produced strong financial and operational results in the quarter. As the company expected, revenue trends improved as the industry reached an inflection point in the quarter with unprofitable capacity exiting the market. Domestic unit revenue was positive year-over-year in August and September. Demand continues to be strong for the United product: Corporate revenues were up 13% year over year in September, and in the quarter premium revenues continued to remain resilient and were up 5% year over year and revenue from Basic Economy was up 20% year over year.
Third-Quarter Financial Results
October 15, 2024
Announces $1.5 billion share repurchase program
Year-to-date generated $7.2 billion of operating cash flow and $3.4 billion free cash flow
Company sees revenue trends improve as industry reached an inflection point in the quarter
CHICAGO, Oct. 15, 2024 /PRNewswire/ -- United Airlines (UAL) today reported third-quarter 2024 financial results. The company had pre-tax earnings of $1.3 billion, with a pre-tax margin of 8.7%; adjusted pre-tax earnings1 of $1.4 billion, with an adjusted pre-tax margin1 of 9.7%. The company also achieved diluted earnings per share of $2.90; adjusted diluted earnings per share1 of $3.33, ahead of the third-quarter 2024 guidance provided at the start of the quarter of $2.75 to $3.25.
The company produced strong financial and operational results in the quarter. As the company expected, revenue trends improved as the industry reached an inflection point in the quarter with unprofitable capacity exiting the market. Domestic unit revenue was positive year-over-year in August and September. Demand continues to be strong for the United product: Corporate revenues were up 13% year over year in September, and in the quarter premium revenues continued to remain resilient and were up 5% year over year and revenue from Basic Economy was up 20% year over year.
Third-Quarter Financial Results
- Capacity up 4.1% compared to third-quarter 2023.
- Total operating revenue of $14.8 billion, up 2.5% compared to third-quarter 2023.
- TRASM down 1.6% compared to third-quarter 2023.
- CASM up 0.1%, and CASM-ex1 up 6.5%, compared to third-quarter 2023.
- Pre-tax earnings of $1.3 billion, with a pre-tax margin of 8.7%; adjusted pre-tax earnings1 of $1.4 billion, with an adjusted pre-tax margin1 of 9.7%.
- Net income of $1.0 billion; adjusted net income1 of $1.1 billion.
- Diluted earnings per share of $2.90; adjusted diluted earnings per share1 of $3.33.
- Average fuel price per gallon of $2.56.
- Ending available liquidity[3] of $17.1 billion.
- Total debt and finance lease obligations of $25.7 billion at quarter end.
- Voluntarily pre-paid the remaining $1.8 billion outstanding balance of the MileagePlus term loan with an interest rate near 11%.
- Net leverage1 of 2.7x.
- Capital Allocation
The company's Board of Directors authorized a new share repurchase program for up to $1.5 billion of outstanding shares of common stock and warrants originally issued to the U.S. Treasury under the CARES Act and Payroll Support Program, subject to a limit of $500 million in aggregate through year-end 2024. This amount represents approximately 7% percent of the company's market capitalization based on the closing stock price on Oct 14, 2024. This is the first share repurchase program since the suspension of the previous program in 2020 due to the COVID-19 pandemic. Unless suspended or terminated earlier by our Board of Directors, this program has no set expiration date and will therefore terminate when the company has completed all purchases authorized under the program.
United Airlines Announces Third-Quarter 2024 Financial Results: Exceeds Earnings Per Share Expectations
Announces $1.5 billion share repurchase program Year-to-date generated $7.2 billion of operating cash flow and $3.4 billion free cash flow Company sees revenue trends improve as industry reached...united.mediaroom.com
- 1 Febbraio 2012
- 12,452
- 2,580
Quando già nei titoli vedo menzionato "earnings per share", mi tremano i polsi...
Mi auguro davvero che in United sappiano guardare oltre i dividendi per gli azionisti e che il caso Boeing abbia fatto scuola.
Io sono d'accordo con lui:
E cos altro dovrebbe fare un‘impresa se non massimizzare gli utili di lungo periodo?
East End Ave
Utente Registrato
spero dunque tu vada oltre il titolo e, quando hai due minuti, ti legga il full report, vedrai che gli elementi positivi non mancano.
Comunque, il 4AUG le azioni erano a $37,88, oggi sono a $64,95; do per buono tu conosca il meccanismo legato all'andamento del titolo al NYSE e le sue ricadute su investimenti, workforce welfare e finance status outlook.
Il fatto stesso che la compagnia attui il programma di Repurchase Shares e' solitamente indice di gran fiducia per il futuro, dove proprio il valore dell'azione che hai in mano ti permette di "giocare al tavolo" con relaativa sicurezza.
Quanto al raffronto con Boeing, lascio perdere, meglio.
Ultima modifica: