United Airlines (UAL.US) Q2 results beat expectations but cannot offset the impact of rising oil prices! Annual fuel costs surge by 6 billion dollars, potentially weighing on profits

Zhihu Finance APP reports that United Airlines (UAL.US) posted second-quarter results that exceeded Wall Street expectations, but the airline also warned that billions of dollars in additional fuel costs continue to weigh on its profitability. According to the financial report, United Airlines’ second-quarter revenue was $17.67 billion, an increase of 16% year-on-year, better than the analysts’ general expectation of $17.61 billion; net profit fell by more than 17% year-on-year to $805 million; adjusted net profit was $649 million; adjusted earnings per share were $1.99, better than the analysts’ general expectation of $1.88.