CHICAGO (AP) — CHICAGO (AP) — United Airlines Holdings Inc. (UAL) on Wednesday reported third-quarter profit of $949 million.
On a per-share basis, the Chicago-based company said it had profit of $2.90. Earnings, adjusted for non-recurring gains, were $2.78 per share.
The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.64 per share.
The airline posted revenue of $15.23 billion in the period, which missed Street forecasts. Six analysts surveyed by Zacks expected $15.3 billion.
For the current quarter ending in December, United expects its per-share earnings to range from $3 to $3.50.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UAL at https://www.zacks.com/ap/UAL
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