United Continental Holdings Inc. Q2 Income Declines 32%

(RTTNews) - United Continental Holdings Inc. (UAL) announced earnings for second quarter that dropped from last year.

The company said its bottom line totaled $0.86 billion, or $2.61 per share. This was lower than $1.26 billion, or $3.31 per share, in last year's second quarter.

Analysts had expected the company to earn $2.57 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 5.1% to $9.40 billion. This was down from $9.91 billion last year.

United Continental Holdings Inc. earnings at a glance:

-Earnings (Q2): $0.86 Bln. vs. $1.26 Bln. last year. -Earnings Decline (Y-o-Y): -31.7% -EPS (Q2): $2.61 vs. $3.31 last year. -EPS Decline (Y-o-Y): -21.1% -Analysts Estimate: $2.57 -Revenue (Q2): $9.40 Bln vs. $9.91 Bln last year. -Revenue Change (Y-o-Y): -5.1%