United Airlines (UAL) Tops Q1 EPS by 11c, Offers Guidance
United Airlines (NASDAQ: UAL) reported Q1 EPS of $1.19, $0.11 better than the analyst estimate of $1.08. Revenue for the quarter came in at $14.6 billion versus the consensus estimate of $14.39 billion.
GUIDANCE:
United Airlines sees FY2026 EPS of $7.00-$11.00, versus the consensus of $9.08.
This Investor Update provides guidance and certain other forward-looking statements about United Airlines Holdings, Inc. (the "Company"). The information in this Investor Update contains the preliminary financial and operational outlook for the second-quarter 2026 and beyond, among other items.
| Estimated 2Q 2026 | Estimated FY 2026 | ||||||||||
| Adjusted diluted earnings per share2 | $1.00 - $2.00 | $7.00 - $11.00 | |||||||||
| Average aircraft fuel price per gallon | ~$4.30 | - | |||||||||
| Adjusted total capital expenditures (in billions)3 | - | Less than $8 | |||||||||
Revenue
Guidance assumes United’s revenue recovers 40% to 50% of the fuel price increases in the second quarter, 70% to 80% of the fuel price increases in the third quarter and 85% to 100% of the fuel price increases in the fourth quarter 2026.
For earnings history and earnings-related data on United Airlines (UAL) click here.