United Airlines (UAL) Beats Earnings, But Forecasts Dismal Outlook

United Airlines (UAL) earnings were just released. Its 3Q adjusted EPS came in at $3.65 versus an estimated $3.40 and its revenue came in at $14.48B versus an estimated $14.44B. Caroline Woods and Kevin Green discuss these earnings as UAL’s 3Q capacity is up 15.7%. UAL’s revenue growth is 12.5%, aircraft fuel expenses came in at $3.34B and operating margin is 12.0%. Tune in to find out more about the stock market today.

Market On Close

17 Oct 2023

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