UAL Q2 Adj. EPS $1.99 vs. est. $1.88 (beat $0.11); revenue $17.7B vs. est. $17.62B (beat $82Mm); operating Income $1.1B; capacity +3.5% YoY,
UAL Q2 Adj. EPS $1.99 vs. est. $1.88 (beat $0.11); revenue $17.7B vs. est. $17.62B (beat $82Mm); operating Income $1.1B; capacity +3.5% YoY, traffic +3.8% YoY, load factor 83.4%, avg. fuel $4.19/gal, CASM +15.2% YoY, CASM-ex +6.1% YoY; Q3 adj. EPS $2.50-$3.50, assumed fuel $3.69/gal, profit sharing accrual $135Mm-$220Mm, expects to recover 80%-90% of fuel increase in Q3 and 100% by Q4; FY26 adj. EPS raised to $9.00-$11.00 (vs. est. $10.47), adj. CAPEX ~$7.5B, ~$6B incremental fuel vs. start-of-year plan; liquidity $19.6B; ~$1B higher-cost debt prepaid since Q2 start; targeting investment-grade rating in 2026.; shares -4.5%
UAL Q2 Adj.
EPS $1.99 vs. est. $1.88 (beat $0.11); revenue $17.7B vs. est. $17.62B (beat $82Mm); operating Income $1.1B; capacity +3.5% YoY, traffic +3.8% YoY, load factor 83.4%, avg. fuel $4.19/gal, CASM +15.2% YoY, CASM-ex +6.1% YoY; Q3 adj.
EPS $2.50-$3.50, assumed fuel $3.69/gal, profit sharing accrual $135Mm-$220Mm, expects to recover 80%-90% of fuel increase in Q3 and 100% by Q4; FY26 adj.
EPS raised to $9.00-$11.00 (vs. est. $10.47), adj.
CAPEX ~$7.5B, ~$6B incremental fuel vs. start-of-year plan; liquidity $19.6B; ~$1B higher-cost debt prepaid since Q2 start; targeting investment-grade rating in 2026.; shares -4.5%