Notable Hit 1: (UAL:NASDAQ) On Thursday January 21, 2022 United Airlines Holdings, Inc. (UAL) posted better-than-expected revenues of $8.192bn surpassing the consensus estimate of $7.93bn or by +3.3% and in the same direction as Advan’s forecasted sales. The revenue was up 140% YoY - Advan’s foot traffic data captured an increase in foot traffic of +79% YoY at United’s passenger terminals for Q4 2021. Advan’s footfall data has a correlation of 0.94 on a YoY basis with UAL’s top-line revenue over the last 12 quarters.
Notable Hit 2: (AAL:NASDAQ) On Thursday January 21, 2022 American Airlines Group Inc. (AAL) posted better-than-expected revenues of $9.427bn surpassing the consensus estimate of $9.32bn or by +1.15% and in the same direction as Advan’s forecasted sales. The revenue was up 134.1% YoY - Advan’s foot traffic data captured an increase in foot traffic of +77% YoY at American’s passenger terminals for Q4 2021. Advan’s footfall data has a correlation of 0.99 on a YoY basis with AAL’s top-line revenue over the last 12 quarters.
To learn more about the data behind this article and what Advan has to offer, visit https://advanresearch.com/.
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