United Airlines Holdings Inc
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Industrials : Airlines | Mid Cap Value
Company profile

United Airlines Holdings Inc., formerly United Continental Holdings, Inc., is a holding company and its principal, wholly-owned subsidiary is United Airlines, Inc. (United). The Company transports people and cargo throughout North America and to destinations in Asia, Europe, the Middle East and Latin America. Through United and its regional carriers, it operates across six continents, with hubs at Newark Liberty International Airport (Newark), Chicago O'Hare International Airport (Chicago O'Hare), Denver International Airport (Denver), George Bush Intercontinental Airport (Houston Bush), Los Angeles International Airport (LAX), A.B. Won Pat International Airport (Guam), San Francisco International Airport (SFO) and Washington Dulles International Airport (Washington Dulles). It has contractual relationships with various regional carriers to provide regional aircraft service branded as United Express.


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-0.30 (-0.60%)
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XPeng stock falls even as losses narrow and revenue rises, amid broader weakness in EV stocks

6:27 am ET March 12, 2021 (MarketWatch)

Shares of XPeng Inc. (XPEV) fell 4.6% in premarket trading Friday, after the China-based electric vehicle maker reported a fourth-quarter loss that was much narrower than a year ago, as vehicle deliveries jumped fourfold, but was wider than some analysts had expected. The net loss was RMB1.35 billion ($207.4 million), or RMB1.05 (16 cents) a share, after a loss of RMB1.36 billion, or 7.75 a share, in the year ago period. The average estimate of two analysts surveyed by FactSet was a per-share loss of RMB0.72, with a range of per-share losses of RMB1.00 to RMB0.44. Total revenue rose 345.5% to RMB2.85 billion ($437.0 million), while the average of two estimates surveyed by FactSet was RMB2.71 billion. Deliveries climbed 302.9% to 12,964 vehicles. Gross margin improved to 7.4% from from negative 6.6% a year ago. The decline XPeng shares post-earnings comes amid a selloff in other EV makers, with shares of Tesla Inc. (TSLA) down 4.2%, Nio Inc. (NIO) down 4.4% and Li Auto Inc. (LI) falling 5.1%. Futures for the S&P 500 were down 0.5%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com


(END) Dow Jones Newswires

March 12, 2021 06:27 ET (11:27 GMT)

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