The company cut its profit outlook for the fourth quarter, guiding adjusted EPS between $0.50 and $1.50, well below the consensus estimate of $1.88. This shift follows a 60.3% surge in average fuel prices to $3.90 per gallon, adding $1.8 billion to expenses compared to the previous year. To drive long-term loyalty, United installed Starlink on more than 640 aircraft and announced an international network expansion to 10 new destinations.
Tuesday, October 20, 2026
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United Airlines Cuts Q4 Profit Forecast to Max $1.50 per Share
Earnings4 hours ago
Operating revenue for the third quarter reached an all-time record of $17.9 billion, increasing 17% year-over-year, though adjusted earnings per share came in at $2.54, missing the analyst estimate of $2.61. United reported an adjusted net income of $833 million, below the projected $867 million, while GAAP earnings per share rose 8.3% to $3.14. The airline saw growth across all major revenue streams, with contracted business and cargo increasing 26% and 23% respectively.
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