Investing.com -- United Airlines Holdings Inc (NASDAQ:
UAL
) reported better-than-expected fourth-quarter earnings on Tuesday, driven by strong revenue growth and ongoing demand recovery across domestic and international markets.
Shares of United Airlines were up more than 3% in after-hours trading.
The airline posted adjusted earnings per share of $3.26, surpassing analysts' estimates by 33 cents. Quarterly revenue rose to $14.7 billion, while net income came in at $1 billion.
The company expects domestic revenue per available seat mile (RASM) to turn solidly positive year-over-year in the first quarter, alongside continued improvement in international RASM.
“Sees robust demand in the first quarter 2025 as industry transformation is well underway,” the carrier said in the statement.
United projected adjusted earnings per share for the first quarter of 2025 to range between $0.75 and $1.25. For the full year, it forecast adjusted diluted EPS of $11.50 to $13.50.
"2024 was a strong year across the board for United as we've become the leading global airline and we enter 2025 with demand trends continuing to accelerate which puts us on the path to double-digit pre-tax margins," said United Airlines CEO Scott Kirby (NYSE: KEX )