US Stock Movement | United Airlines Rises 3.4% in After-Hours Trading, Q4 Revenue Hits Record High and Profit Outlook is Positive

Glonghui Jan 21｜United Airlines (UAL.US) rose 3.4% in after-hours trading, closing at $112.25. According to reports, United Airlines announced that its total revenue in the fourth quarter of last year increased by about 5% year-on-year to a record $15.4 billion, in line with market expectations; net profit increased by 6% year-on-year to $1.04 billion, and adjusted earnings per share reached $3.1, higher than the market expectation of $2.94. During the period, capacity increased by 6.5% year-on-year. The airline expects profits to grow significantly this year, as its premium seats and loyalty program outperformed standard ticket sales; it expects adjusted earnings per share to be between $12 and $14, compared to the market expectation of $13.19. (Glonghui)