Overview
- United forecast full-year 2026 adjusted earnings of $12 to $14 per share and guided first-quarter earnings to $1.00 to $1.50.
- For Q4 2025, United posted adjusted EPS of $3.10 on revenue of $15.4 billion, meeting or exceeding LSEG estimates.
- Premium revenue rose 9% in the fourth quarter and 11% for 2025, while restrictive basic-economy sales grew 7% in the quarter as capacity increased 6.5% year over year.
- United said the fourth-quarter government shutdown cut pretax results by $250 million, and air-traffic-controller shortages briefly hurt bookings before recovering.
- The airline joined Delta in signaling potential record profits for 2026, and United shares rose about 4% in after-hours trading following the report.