Advan Notable Hits: United Airlines (UAL) & American Airlines (AAL)

January 21, 2022 By Valantis Aristeidous Tags: FINANCIAL-TRENDS, ADVAN HITS

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.

Advan Hits: UAL correlation traffic vs revenue

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.

Advan Hits: AAL correlation traffic vs revenue

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About Advan

Advan is the leader in the financial and real estate industries, enabling participants to analyze foot traffic data across multiple sectors, including retail, hospitality, consumer services, energy, technology, healthcare, REITS, financials and others. Advan derives its datasets using multi parameter models that analyze cellphone location data crossed with curated geofenced areas.

Top tier institutional investors spanning from quantitative hedge funds to fundamental asset managers have been the main consumers of Advan’s products.