CMB Stock News Of The Day š°šļøšļøšš
- Yung Goonie
- Oct 16
- 1 min read
āUnited Airlines Beats Profit Expectations but Misses on Revenue as Premium Travel Lifts Q3 Resultsā šØšØšØ
United Airlines (UAL $103.14 ā¼0.87%) delivered a stronger-than-expected third-quarter profit but slightly weaker sales, as the carrier continues to benefit from robust demand for premium travel. Shares edged up about 1% in after-hours trading following the earnings release late Wednesday.
The airline reported adjusted earnings of $2.78 per share, topping Wall Streetās $2.65 forecast. Passenger revenue came in at $13.8 billion, just shy of the $13.9 billion consensus estimate from FactSet analysts ā though still up 2% year over year.
Growth was driven largely by premium cabin bookings, which rose 6% from last year, while basic economy revenue climbed 4%. The results echo a broader industry trend seen earlier this month when Delta Air Lines (DAL $61.05 ā¼0.75%) also reported strong performance in higher-end ticket sales, noting premium retention rates in the āmid-80s,ā according to Delta President Glen Hauenstein.
Looking ahead, United projected fourth-quarter adjusted earnings between $3 and $3.50 per share, putting it on track to reach the higher end of its full-year earnings forecast of $9 to $11 per share. That outlook sits comfortably between the two scenarios United outlined earlier in the year ā one assuming steady economic growth and another bracing for a potential downturn.
United shares have climbed 7% year to date and are now up 85% from April lows, when broader market volatility tied to new trade tariffs pressured travel stocks. Despite softer sales this quarter, the airlineās focus on premium passengers and operational efficiency continues to position it as one of the stronger performers in the U.S. aviation sector.
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