RTTNews | Jan 19, 2022 04:36PM EST

16:36 Wednesday, January 19, 2022 (RTTNews.com) - United Airlines Holdings, Inc. (UAL) revealed Loss for fourth quarter that decreased from last year and beat the Street estimates.

The company's bottom line totaled -$0.65 billion, or -$1.99 per share. This compares with -$1.90 billion, or -$6.39 per share, in last year's fourth quarter.

Excluding items, United Airlines Holdings, Inc. reported adjusted earnings of -$0.52 billion or -$1.60 per share for the period.

Analysts on average had expected the company to earn -$2.08 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 140.2% to $8.19 billion from $3.41 billion last year.

United Airlines Holdings, Inc. earnings at a glance (GAAP) :

-Earnings (Q4): -$0.65 Bln. vs. -$1.90 Bln. last year.-EPS (Q4): -$1.99 vs. -$6.39 last year.-Analyst Estimates: -$2.08-Revenue (Q4): $8.19 Bln vs. $3.41 Bln last year.

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