CHICAGO (Reuters) – United Airlines Holdings on Tuesday reported stronger-than-expected earnings in the third quarter, but forecast weaker profit in the current quarter due to higher costs.
The Chicago-based carrier expects an adjusted profit of $1.50-$1.80 per share in the quarter through December, below $2.06 expected by analysts in a LSEG survey and lower than $2.46 per share a year ago.
For the third quarter, it reported an adjusted profit of $3.65 per share, compared with the $3.35 estimated by Wall Street analysts.
(Reporting by Rajesh Kumar Singh)
