United Airlines rises over 6.4%, second quarter adjusted EPS exceeds expectations, tourism demand rebounds

United Airlines rose more than 6.4% to $94.15, according to the latest report. On the news front, United Airlines announced that its second-quarter revenue as of the end of June increased by 1.7% year-on-year to $15.24 billion, but below market expectations of $15.35 billion; net profit was $973 million, a 26% decrease year-on-year; adjusted earnings per share were $3.87, higher than the expected $3.81. The company's CEO Scott Kirby stated that compared to the first half of the year, global uncertainties have decreased, and travel demand is recovering. United Airlines expects adjusted earnings per share to be between $9 and $11 this year, with analysts expecting $10.