United Airlines reported second-quarter earnings of $3.87 per share, beating estimates, though revenue of $15.27 billion came in slightly below expectations. Premium cabin, loyalty, and cargo revenue all rose year-over-year, while total revenue per available seat mile fell 4%. The airline generated $1.1 billion in free cash flow and ended the quarter with $18.6 billion in liquidity. United Airlines CEO Scott Kirby said the second-quarter results reinforce that the United Next strategy is working. He praised the team for managing strong operations and growing earnings despite economic volatility. United has cut its 2025 earnings guidance to $9 to $11 per share, which is below the prior expectations. Shares fell 1.37% after hours.
