United Airlines rallies on profit forecast. But it’s adapting to the ‘reality’ of Boeing’s difficulties.

Shares of United Airlines Holdings Inc. rallied after hours on Tuesday, after the airline forecast a second-quarter profit that was above ... Read More

United Airlines Sees Adjusted Third Quarter Profit as Demand Improves

United Airlines ... profit margin by June, with an overall second quarter margin of -11%, around 9 percentage points inside its prior forecast. The carrier also noted that while business travel ... Read More

American Airlines Slips To Q1 Loss, Sees Adj. Profit In Q2; Backs FY24 View; Stock Up In Pre-market

(RTTNews) - American Airlines Group Inc. (AAL) Thursday issued second-quarter earnings view, after reporting wider-than-expected loss in its first quarter, despite higher revenues. Further, the ... Read More

Corporate profits hit record high as economy boomed in fourth quarter of 2023

Profits increased 3.9 percent on the quarter ... making the final estimates for fourth quarter performance all the more surprising. Market commentators welcomed the news of Thursday’s numbers. Read More

Spirit Airlines slips after another quarter of high revenue and expense growth

Spirit Airlines ... to the second quarter, demand continues to be strong and industry capacity remains constrained, both of which are beneficial for unit revenue. Our core business is solid ... Read More

Gol slips to fourth quarter loss as it works through bankruptcy process

The loss compared to a net profit of R231 million for the same period in 2022 and reflects the R1.1 billion impact of foreign exchange losses and other one-off items during the fourth quarter. Read More

Xiaomi trebles profits in fourth quarter, but 2023 sales slip

(Sharecast News) - Adjusted profits at Chinese tech giant Xiaomi more than trebled in its fourth quarter to beat analysts ... gross profit margin rose 4.2 percentage points to 21.2%. Read More

Corporate profits soar

During the final quarter of 2023, gross domestic product (GDP) and corporate profits blew past expectations as ripples of pandemic-era stimulus supercharged the U.S ... Read More

Streaming Profit Report: A Year Spent Chasing Netflix

Despite a slight loss in the fourth quarter, it became the first Hollywood conglomerate to turn a profit for the unit housing its streaming business ... the United States spend nearly 90 percent ... Read More

Conagra Slips After 2nd-Quarter Profit and Sales Jump

The company said the sale of its Peter Pan business to Post Holdings (POST) will reduce annual sales by $110 million. Looking ahead, Conagra estimated adjusted third-quarter earnings at 56 ... Read More