United Airlines said it did a good job managing the severe winter-weather disruptions in late December, and offered an optimistic view of the current quarter and guidance for full-year 2023.
United Airlines Holdings Inc. late Tuesday reported fourth-quarter earnings that were well above Wall Street expectations, saying it managed well the severe winter-weather disruptions in late December, and offered an optimistic view of the current quarter and guidance for full-year 2023.
United’s Kirby pinned the different outcome for his airline on “critical” investments in personnel and technology. “That’s why we’ve got a big head start, and we’re now poised to accelerate in 2023,” the CEO said. For the full year, the airline called for adjusted EPS between $10 and $12, also significantly higher than FactSet consensus of $6.84 a share.
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