Flight groundings from aircraft issues caused financial turbulence, but analysts expect the airline to focus on growth
- United Airlines will report quarterly earnings on Tuesday April 16 after the stock market closes.
- United is expected to report an EPS loss of $0.57 on $12.39 billion in revenue.
- United is expected to post a loss due to flight groundings from aircraft issues, but growth is a focal point for the next few years.
For the first time since April 19, 2023, United Airlines (UAL) is expected to post an earnings-per-share loss for the quarter due to Boeing (BA) aircraft issues.
United is expected to report an earnings-per-share (EPS) loss of ($0.57) on $12.39 billion in revenue.
While the quarterly earnings report looks bleak this time around, the popular airline has eyes set on growth initiatives for the next few years. In its last earnings announcement, UAL announced that it has an order for 110 more aircraft for delivery in 2028.
Scott Kirby, United Airlines CEO, had some…