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United: Q3 Earnings Snapshot

United: Q3 Earnings Snapshot

By AP News
Published - Oct 15, 2024, 04:10 PM ET
Last Updated - Dec 16, 2024, 06:19 PM EST

CHICAGO (AP) — CHICAGO (AP) — United Airlines Holdings Inc. (UAL) on Tuesday reported third-quarter earnings of $965 million.

On a per-share basis, the Chicago-based company said it had profit of $2.90. Earnings, adjusted for one-time gains and costs, came to $3.33 per share.

The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $3.10 per share.

The airline posted revenue of $14.84 billion in the period, also topping Street forecasts. Seven analysts surveyed by Zacks expected $14.76 billion.

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