United Airlines issues two possible yearly outlooks

The possibility of a recession forced United to give two projections for the year.

Transcript

00:00United Airlines turned in a promising first quarter earnings report, but when it comes

00:04to the rest of the year, the company says it's impossible to predict how it will play

00:07out.

00:08The airline saw revenue increase by 5% from a year ago and revealed a $387 million profit

00:14in Q1.

00:16But when discussing its guidance for the rest of the year, United couldn't offer just one

00:20projection.

00:21In its filing, it said the company's outlook is dependent on the macro environment which

00:25the company believes is impossible to predict this year with any degree of confidence.

00:30United's current projection would see earnings per share between $11.50 and $13.50, however,

00:36if the U.S. should fall into a recession, the company expects those numbers to fall between

00:40$7 and $9 per share.

00:43Either way, United said it expects to turn a profit.

00:46That'll do it for your daily briefing.

00:48From New York City, I'm Lauren Torres with The Street.