United Airlines News Brief
Summary
United Airlines forecasts potential record earnings for 2026, driven by strong demand across premium cabins, business travel, and basic economy tickets. It reported solid Q4 2025 results, meeting revenue expectations and exceeding adjusted EPS estimates.
Key Points
- Record Forecast: Projects 2026 adjusted EPS of $12-$14, aligning with analyst expectations. Q1 2026 forecast is $1-$1.50 per share.
- Strong Q4 2025 Performance: Adjusted EPS was $3.10 vs. $2.94 expected. Revenue matched expectations at $15.4 billion. Profit rose 6% to $1.04 billion.
- Premium & Basic Economy Growth: Q4 premium revenue rose 9% year-over-year. Sales of restrictive basic-economy tickets grew 7% in late 2025.
- Industry Leaders: United and Delta account for almost all U.S. airline industry profits. Both forecast record earnings for the year.
- Full-Year 2025 Results: Adjusted EPS was $10.20, up 8%. Adjusted net income was $3.5 billion, up 6%.
- Challenges Overcome: A government shutdown and air traffic controller shortages impacted Q4 results, but travel demand recovered robustly.
美联航新闻简报
摘要
美联航预测2026年可能创下盈利纪录，这得益于高端舱位、商务旅行和基础经济舱机票的强劲需求。公司公布的2025年第四季度业绩稳健，收入符合预期，调整后每股收益超出预估。
关键点
- 创纪录预测：预计2026年调整后每股收益为12-14美元，符合分析师预期。2026年第一季度预测为每股1-1.50美元。
- 2025年第四季度表现强劲：调整后每股收益为3.10美元，预期为2.94美元。收入符合预期，为154亿美元。利润增长6%，达到10.4亿美元。
- 高端与经济舱增长：第四季度高端舱位收入同比增长9%。2025年末，限制性基础经济舱机票销售增长7%。
- 行业领导者：美联航和达美航空占据了美国航空业几乎所有的利润。两家公司均预测今年将创下盈利纪录。
- 2025年全年业绩：调整后每股收益为10.20美元，增长8%。调整后净利润为35亿美元，增长6%。
- 克服的挑战：政府停摆和空中交通管制员短缺影响了第四季度业绩，但旅行需求已强劲复苏。
Original Article Link: https://www.cnbc.com/2026/01/20/united-airlines-ual-4q-2025-earnings.html