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Investing.com - United Airlines Holdings reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
United Airlines Holdings announced earnings per share of $-4.24 on revenue of $7.57B. Analysts polled by Investing.com EPS of $-4.14 on revenue of $7.6B.
United Airlines Holdings 's are down 24% and is trading at $49.15 , still down 23.21% from its 52 week high of $60.58 set on Wednesday, June 2, 2021.
United Airlines Holdings shares gained 5.65% to trade at $49.15 in after-hours trade the report.
United Airlines Holdings follows other major Industrials sector earnings this month
United Airlines Holdings's report follows an earnings beat by Lockheed Martin on Tuesday, who reported EPS of $6.44 on revenue of $14.96B, EPS of $6.21 on revenue of $15.64B.
CSX had beat expectations on Wednesday with first quarter EPS of $0.39 on revenue of $3.41B, for EPS of $0.3799 on revenue of $3.33B.
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