For the quarter ended June 2025, United Airlines (UAL) reported revenue of $15.24 billion, up 1.7% over the same period last year. EPS came in at $3.87, compared to $4.14 in the year-ago quarter.
The reported revenue represents a surprise of -0.8% over the Zacks Consensus Estimate of $15.36 billion. With the consensus EPS estimate being $3.86, the EPS surprise was +0.26%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how United performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Passenger load factor - Consolidated: 83.1% versus 82.9% estimated by five analysts on average.
- Total revenue per available seat mile (TRASM): 18.06 cents compared to the 18.18 cents average estimate based on four analysts.
- CASM-ex (excluding special charges, third-party business expenses, fuel, and profit sharing): 12.36 cents versus the four-analyst average estimate of 12.4 cents.
- Average aircraft fuel price per gallon: $2.34 versus $2.29 estimated by four analysts on average.
- ASMs (Available seat miles): 84.35 billion versus the four-analyst average estimate of 84.92 billion.
- PRASM (Passenger revenue per available seat mile): 16.4 cents versus 16.52 cents estimated by four analysts on average.
- RPMs (Revenue passenger miles): 70.09 billion versus 70.11 billion estimated by four analysts on average.
- Fuel gallons consumed: 1,188.00 MGal compared to the 1,255.02 MGal average estimate based on three analysts.
- Average yield per RPM: 19.74 cents compared to the 19.91 cents average estimate based on three analysts.
- Operating revenue- Passenger revenue: $13.84 billion versus $14 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +1.1% change.
- Operating revenue- Other operating revenue: $970 million versus $953.58 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +8.7% change.
- Operating revenue- Cargo: $430 million versus the five-analyst average estimate of $463.34 million. The reported number represents a year-over-year change of +3.9%.
View all Key Company Metrics for United here>>>
Shares of United have returned +17.3% over the past month versus the Zacks S&P 500 composite's +4.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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United Airlines Holdings Inc (UAL): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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