Investing.com - United Continental reported second quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $4.21 on revenue of $11.4B. Analysts polled by Investing.com forecast EPS of $4.08 on revenue of $11.34B. That compared to EPS of $3.23 on revenue of $10.78B in the same period a year earlier. The company had reported EPS of $1.15 on revenue of $9.59B in the previous quarter.
United Continental follows other major Transportation sector earnings this month
On Tuesday, CSX reported second quarter EPS of $1.08 on revenue of $3.06B, compared to forecasts of EPS of $1.11 on revenue of $3.15B.
FedEx earnings beat analysts' expectations on June 25, with fourth quarter EPS of $5.01 on revenue of $17.8B. Investing.com analysts expected EPS of $4.85 on revenue of $17.8B
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