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United: Q1 Earnings Snapshot

CHICAGO (AP) — CHICAGO (AP) — United Airlines Holdings Inc. (UAL) on Tuesday reported first-quarter net income of $699 million.

On a per-share basis, the Chicago-based company said it had profit of $2.14. Earnings, adjusted for non-recurring gains, were $1.19 per share.

The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.08 per share.

The airline posted revenue of $14.61 billion in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $14.32 billion.

For the current quarter ending in June, United expects its per-share earnings to range from $1 to $2.

The company expects full-year earnings in the range of $7 to $11 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UAL at https://www.zacks.com/ap/UAL

Rybakina overpowers Osaka, will face Zheng in US Open quarterfinals with a chance to become No. 1

NEW YORK (AP) — Elena Rybakina overpowered Naomi Osaka at the U.S. Open and is a win away from the No. 1 ranking in women's tennis. She just has to beat Zheng Qinwen, which won't be easy. Even when Zheng goes down — way, way down — she refuses to stay there. Rybakina advanced to the quarterfinals Monday with a 6-1, 6-4 victory over Osaka in a matchup of power-hitting Grand Slam champions. The No. 2-seeded Rybakina is guaranteed to replace Aryna Sabalenka atop the WTA rankings if she reaches the semifinals in Flushing Meadows. “Of course I want it, I don't know anyone who wouldn’t wish this, but definitely that’s one of my goals,” Rybakina said. “I try to approach the same way, try to do everything I can, fight until the end my next match and let’s see what’s going to happen.”
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