Company news: United Airlines (UAL) posts smaller-than-forecast quarterly loss

United Airlines (UAL) reported Q4 FY 2021 losses of $1.60 per share (versus -$7.00 per share in Q4 FY 2020), being better than analysts’ consensus estimate of -$2.09 per share.

The company’s quarterly revenues amounted to $8.192 bln (+140.1% y/y), beating analysts’ consensus estimate of $7.963 bln.

UAL fell to $43.98 (-0.95%) in pre-market trading.