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United Announces 2017 First Quarter Financial Results

Date: April 18, 2017
Type: AFA Article

On Monday April 17, 2017 the company announced its first-quarter 2017 financial results.

  • A first-quarter net income of $96 million, diluted earnings per share of $0.31, pre-tax earnings of $145 million and pre-tax margin of 1.7 percent.
  • Excluding special items, UAL reported first-quarter net income of $129 million, diluted earnings per share of $0.41, pre-tax earnings of $196 million and pre-tax margin of 2.3 percent.

Oscar Munoz, chief executive officer of United Airlines, said, “In the first quarter of 2017, our financial and operational performance gives us a lot of confidence about the foundation we are building.”

All the details on the First-Quarter Revenue, First-Quarter Costs, Liquidity and Capital Allocation, the First-Quarter Highlights, and United’s webcast. The webcast (will be archived on the website for a limited time) and the official media release can be accessed on United's Investor Relations website at ir.united.com.

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