United Airlines Holdings Inc (NASDAQ:UAL, ETR:UAL1) shares moved lower afterhours as the airline reported a revenue miss for the second quarter.
Revenue was up 1.7% year-over-year at $15.24 billion, short of the Wall Street consensus estimate of $15.35 billion.
Earnings per share (EPS) of $3.87 beat guidance in the range of $3.25 to $4.25 and the consensus estimate of $3.81.
The airline said it expects less geopolitical and macroeconomic uncertainty in the second half of 2025. It noted a demand inflection beginning in early July, with a 6-point acceleration in booking demand.
The company also updated its adjusted EPS guidance to $9 to $11, at the midpoint of $10 is slightly below the Street consensus of $10.16.
“United saw a positive shift in demand beginning in early July, and, like 2024, anticipates another inflection in industry supply in mid-August,” United CEO Scott Kirby said in a statement.
“The world is less uncertain today than it was during the first six months of 2025 and that gives us confidence about a strong finish to the year."
Shares of United Airlines traded down 2.1% post-earnings.