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United Airlines (UAL) 3Q 2026 earnings
CNBC • • business
Key Points:
- United Airlines lowered its full-year profit forecast due to rising fuel costs, now expecting adjusted earnings between 50 cents and $1.50 per share in Q4, below the $1.76 per share analysts anticipated.
- The airline expects to pay an average of $4.80 per gallon for fuel in Q4, up from $3.90 in Q3, significantly increasing operating expenses.
- Despite higher costs, United's third-quarter revenue rose 17.4% year-over-year to $17.88 billion, with net income increasing 8.5% to $1.03 billion.
- Passenger demand remains strong, with domestic and international unit revenues up 14.5% and 17.4% respectively, and passenger counts rising over 2% from the previous year.
- CEO Scott Kirby highlighted employee resilience and brand loyalty as key factors supporting the airline's performance amid challenging market conditions.
