United Airlines Forecasts Fourth-Quarter Profit Below Estimates
United Airlines expects adjusted earnings of 50… for the fourth quarter, below Wall Street estimates, despite expecting record revenue. The airline cited soaring fuel costs and strong travel demand with higher ticket prices.
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United Airlines forecasts fourth-quarter profit below estimates, citing costly fuel
United Airlines NASDAQ:UAL said Tuesday it expects fourth-quarter profit to come in well below Wall Street estimates, even as it anticipates record revenue. Rising fuel costs threaten to offset gains from robust travel demand and higher ticket prices. The Chicago-based carrier forecast adjusted earnings of 50…