Wheels Up Experience Q2 2023 Earnings Report

Wheels Up Experience EPS Results

• Actual EPS: -$2.69
• Consensus EPS: -$3.40
• Beat/Miss: Beat by +$0.71
• One Year Ago EPS: N/A

Wheels Up Experience Revenue Results

• Actual Revenue: $335.06 million
• Expected Revenue: $351.76 million
• Beat/Miss: Missed by -$16.70 million
• YoY Revenue Growth: N/A

Wheels Up Experience Announcement Details

• Quarter: Q2 2023
• Date: 8/14/2023
• Time: N/A

Wheels Up Experience (NYSE:UP) provides private aviation services in the United States and internationally. The company offers Wheels Up Membership program that consists of two primary membership categories, such as Individual membership for individual and business fliers; and UP for Business membership consists of small and medium enterprise, and custom enterprise solutions for business fliers that tend to spend at higher levels. Its Wheels Up Charter provides charter flight services for passenger groups, sports teams, global corporate events, and tour operations, as well as global passenger, cargo, emergency, and government services. In addition, the company offers wholesale charter services; group charter and cargo flights; maintenance, repair, and operations services; fixed-base operator services; safety and security services; and government, defense, emergency, and medical transport missions. It serves individuals, small and medium enterprises, and corporate customers. As of December 31, 2024, the company operated a fleet of 154 owned and leased aircraft. Wheels Up Experience Inc. was founded in 2013 and is headquartered in Chamblee, Georgia.