{"id":2576,"date":"2023-10-18T05:43:48","date_gmt":"2023-10-18T05:43:48","guid":{"rendered":"https:\/\/infundpros.com\/markets\/stocks\/united-airlines-q3-results-beat-estimates-but-guidance-falls-short-shares-slip\/"},"modified":"2023-10-18T05:43:48","modified_gmt":"2023-10-18T05:43:48","slug":"united-airlines-q3-results-beat-estimates-but-guidance-falls-short-shares-slip","status":"publish","type":"post","link":"https:\/\/infundpros.com\/?p=2576","title":{"rendered":"United Airlines Q3 results beat estimates, but guidance falls short; shares slip"},"content":{"rendered":"
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\u00a9 Reuters. <\/span>
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Investing.com — United Airlines reported Tuesday third-quarter results that topped estimates, but Q4 guidance fell short of estimates as higher fuel costs and the suspension of Tel Aviv flights\u00a0are expected to weigh.\u00a0<\/p>\n

United Airlines Holdings Inc (NASDAQ:)\u00a0shares were down more than 4% in after-hours trading.<\/p>\n

United Airlines Holdings \u00a0adjusted EPS of $3.65 on revenue of $14.48 billion. Analysts polled by Investing.com anticipated an earnings of $3.41 a share on revenue of $14.43 billion.<\/p>\n

Third quarter cost per available seat mile, or CASM was down 3.6% compared with the third quarter 2019.<\/p>\n

The company said it saw “strength in close-in bookings in August and September with both months well ahead of year-over-year demand.”<\/p>\n

Looking ahead, the company forecast Q4 EPS of $1.80 or $1.50, assuming suspension of Tel Aviv flights through year-end. That was below estimates of $2.13.<\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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