United Airlines’ first-quarter outlook outpaces estimates after profits surge to end 2024

Jan 21, 2025 | Business

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A United Airlines airplane proceeds to a runway at Newark Liberty International Airport in front of the skyline of lower Manhattan and One World Trade Center in New York City on December 4, 2024, in Newark, New Jersey. 
Gary Hershorn | Corbis News | Getty Images

United Airlines

The airline said Tuesday that it expects to earn an adjusted 75 cents to $1.25 in the first three months of the year, above the 54 cents analysts had expected, according to LSEG estimates.

United’s stock is up more than 180% over the past 12 months as of Tuesday’s close, more than any other U.S. carrier. United shares were up more than 4% in extended trading after releasing results.

Here is what United reported for the fourth quarter compared with what Wall Street expected, based on estimates compiled by LSEG:

  • Earnings per share: $3.26 adjusted vs. $3.00 expected
  • Revenue: $14.70 billion vs. $14.47 billion expected

For full-year 2025, United expects to grow adjusted earnings to $11.50 to $13.50, in line with expectations of about $12.82, according to LSEG.

United and rival Deltaearlier this month said he expects 2025 to be the carrier’s “best financial year in our history.”

United reported a $985 million profit for the fourth quarter, up 64% over last year, on $14.70 billion in revenue, which was up about 8% from a year earlier. Adjusting for one-time items, United reported $3.26 a share for the fourth quarter, also ahead of expectations.

Loyalty-program revenue, as well as international, domestic and basic economy-class revenue all rose from a year earlier and unit revenue, which measures pricing power, turned positive over the same quarter of 2023.

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