United Airlines Took Industry-Leading Steps to Manage Historic Impact of COVID-19 in Q2

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United Airlines (UAL) Misses Q2 EPS by 29c, Revenue Beats

July 21, 2020 4:17 PM EDT

United Airlines (NASDAQ: UAL) reported Q2 EPS of ($9.31), $0.29 worse than the analyst estimate of ($9.02). Revenue for the quarter came in at $1.48 billion versus the consensus estimate of $1.32 billion.

The company's total liquidity as of the close of business on Monday, July 20, 2020 was approximately $15.2 billion. United now expects liquidity at the end of the third quarter to be over $18 billion.

Since the start of the crisis the company has raised a total of $16.1 billion through debt offerings, stock issuances and... More