United Airlines reports higher third-quarter revenue and $1.03 billion profit

  • United Airlines reported third-quarter revenue of $17.88 billion and net income of $1.03 billion, or $3.14 per share, compared with $949 million, or $2.90 per share, a year earlier.
  • A separate market alert cited EPS of $2.54 versus a $2.58 estimate and revenue of $17.88 billion versus $17.89 billion; the sources do not specify the accounting basis for the discrepancy.
  • Fare increases helped offset higher fuel costs linked to the war in the Middle East, while falling crude prices supported airline stocks before the release.

United Airlines reported third-quarter revenue of $17.88 billion and net income of $1.03 billion, or $3.14 per share, compared with $949 million, or $2.90 per share, a year earlier. Fare increases helped offset higher fuel costs linked to the war in the Middle East. A separate market alert cited third-quarter EPS of $2.54 versus a $2.58 estimate and revenue of $17.88 billion versus $17.89 billion; the sources do not specify whether the differing per-share figures reflect different accounting measures.

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