Investing.com - United Airlines Holdings reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
United Airlines Holdings announced earnings per share of $-8.16 on revenue of $2.49B. Analysts polled by Investing.com anticipated EPS of $-7.57 on revenue of $2.54B.
United Airlines Holdings shares are down 59.58% from the beginning of the year and are trading at $35.18 , down-from-52-week-high.They are under-performing the Nasdaq which is up 31.16% from the start of the year.
United Airlines Holdings shares lost 1.21% in after-hours trade the report.
United Airlines Holdings follows other major Transportation sector earnings this month
United Airlines Holdings's report follows an earnings beat by FedEx on Tuesday, September 15, 2020, who reported EPS of $4.87 on revenue of $19.3B, compared to forecasts EPS of $2.7 on revenue of $17.55B.
Delta Air Lines had missed expectations on Tuesday with third quarter EPS of $-3.3 on revenue of $3.06B, compared to forecast for EPS of $-3.03 on revenue of $3.11B.
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