United Airlines (UAL) reported it swung to a profit in the first quarter as revenue hit a record high, sending shares surging in extended trading Tuesday.
The Chicago-based carrier posted first-quarter revenue of $13.2 billion, up 5% year-over-year and above the analyst consensus from Visible Alpha. Adjusted net income of $302 million, or 91 cents per share, compared to a loss of $50 million, or 15 cents per share, a year earlier, and also topped Wall Street’s estimates.
United shares jumped nearly 7% in after-hours trading. The stock has lost nearly a third of its value so far in 2025 through Tuesday’s close.
United Says It Expects ‘Resilient’ Earnings in Q2
The results come amid an uncertain economic environment for airlines. Last week, Visual Approach Analytics warned that air travel could face “demand destruction” as a result of the Trump administration’s tariff policies, and rival carrier Delta (DAL) withdrew its full-year outlook, citing “current uncertainty.”
Looking ahead, United said it expects “resilient earnings” in the second quarter and full fiscal year, despite macroeconomic challenges. The airline said it plans to reduce off-peak flying on lower-demand days.
:max_bytes(150000):strip_icc()/GettyImages-2173217144-99e6646862ac48f18706766ef36bbe1f.jpg?w=1200&resize=1200,0&ssl=1&description=United+Airlines+Stock+Jumps+as+Revenue+Hits+Record+High){kind=link}