United Airlines Reports Third-Quarter Adjusted Profit of $2.54
United Airlines reported third-quarter adjusted profit of $2.54 and operating revenue of $17.9 billion, up 17.4%. Adjusted profit was slightly below expectations. Higher fuel costs contributed to the result, rising 62%.
United Airlines’ third-quarter results erased the stock’s Tuesday rally. The airline posted adjusted profit of $2.54, slightly below expectations, while operating revenue rose 17.4% to $17.9 billion. Fuel costs climbed 62%.