United Airlines Q2 Earnings: Revenue Miss, EPS Beat, Lowered FY25 Guidance Despite 'Positive Shift In Demand' In Early July

United Airlines Holdings Inc (NASDAQ:UAL) reported second-quarter financial results after the market close on Wednesday. Here’s a rundown of the report.

Q2 Earnings: United reported second-quarter revenue of $15.27 billion, missing the consensus estimate of $15.35 billion. The airline company reported second-quarter adjusted earnings of $3.87 per share, beating analyst estimates of $3.77 per share, according to Benzinga Pro.

Premium cabin revenue was up 5.6% year-over-year and basic economy revenue climbed 1.7%. Loyalty revenue was up 8.7% year-over-year and cargo revenue rose 3.8%.

Capacity was up 5.9% on a year-over-year basis. TRASM (total revenue per available seat mile) was down 4% while CASM (cost per available seat mile) increased 0.6% ...