2023 Profit sharing ?

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01-04-2024 | 06:45 PM

#31

LJ Driver

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Quote:

Originally Posted by C11DCA

4th quarter profit is estimated around $548 million. (328 million shares x $1.67/share). Even if you take the pre-tax it wont reach 1412m.

2022 Q4 pre tax earnings was $1130M. Maybe I’m reading the earnings reports incorrectly.

https://www.united.com/en/us/newsroo.../cision-125254

01-04-2024 | 09:27 PM

#32

JTwift

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Quote:

Originally Posted by LJ Driver

2022 Q4 pre tax earnings was $1130M. Maybe I’m reading the earnings reports incorrectly.

https://www.united.com/en/us/newsroo.../cision-125254

why do you keep referencing 2022 Q4? That has nothing to do with this year’s profit sharing. If you just wait two weeks you’ll know the actual number.

01-05-2024 | 03:23 AM

#33

rottenmutt

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Quote:

Originally Posted by EAFF95

Q4 earnings estimate is about 1.67 per share, coming in at 10.31 per share on year. With 328m shares outstanding I estimate about 3.38b in profit.

Pool will be: $426m

7-9% range id estimate based on 15k pilots at $300k average salary.

I would guess there are only about 14100 pilots eligible, assuming we hired 2500 last year. $300K is probably a little high for an average salary, I'm going with $250K. That works out to be 12%. I understand my guess is just as useless as the next guys.....

01-05-2024 | 04:28 AM

#34

EAFF95

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Quote:

Originally Posted by rottenmutt

My EPS was off the mark, I didn't use the actual quarterly.

My revised estimate for pre-tax profit is 3.35B.

United is estimating 1.5 per share, analysts estimate 1.67. Last quater we posted a 3.48 EPS on 1.5B pre tax. Therefore our profit for this quarter should fall somewhere in the 700M range. We had 2.6B in pre-tax profit leading up to Q3.

Last edited by EAFF95; 01-05-2024 at 04:38 AM.

01-05-2024 | 04:46 AM

#35

LJ Driver

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Quote:

Originally Posted by JTwift

why do you keep referencing 2022 Q4? That has nothing to do with this year’s profit sharing. If you just wait two weeks you’ll know the actual number.

Are you serious?

This thread is about “2023 Profit Sharing”, reference the title of the thread, that normally sometimes maybe indicates what the thread will be loosely about…

Year over year data is often used as a benchmark for quarterly earnings, and for United it is absolutely used that way. Since we don’t have 2023 Q4 numbers I took the average margin increase of 2023 Q1/2/3 and applied that to 2022 Q4 to ESTIMATE 2023 Q4 and the total pool. Have a better method to estimate, please share it. Or just **** and sit on your hands for another two weeks and we’ll get the actual data.