United Continental Holdings Inc. Q1 Earnings Fall 25%

(RTTNews) - United Continental Holdings Inc. (UAL) released a profit for first quarter that dropped from last year.

The company said its profit dropped to $435 million, or $1.23 per share. This was lower than $582 million, or $1.52 per share, in last year's first quarter.

Analysts had expected the company to earn $1.18 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 4.8% to $8.20 billion. This was down from $8.61 billion last year.

United Continental Holdings Inc. earnings at a glance:

-Earnings (Q1): $435 Mln. vs. $582 Mln. last year. -Earnings Decline (Y-o-Y): -25.3% -EPS (Q1): $1.23 vs. $1.52 last year. -EPS Decline (Y-o-Y): -19.1% -Analysts Estimate: $1.18 -Revenue (Q1): $8.20 Bln vs. $8.61 Bln last year. -Revenue Change (Y-o-Y): -4.8%