United Airlines reported third quarter earnings beat and upbeat forward guidance, a week after rival Delta saw premium and business travelers boost its results.
Chicago-based United posted operating revenue of $15.2 billion versus $15.28 billion, per Bloomberg consensus, a slight miss but up 3% compared to a year ago. United posted adjusted earnings per share (EPS) of $2.78 versus $2.66 estimated, with available seat miles coming in at 87.42 billion versus the 86.51 billion expected. The highly watched metric of passenger revenue per available seat mile came in at $73.77 billion versus $72.71 billion estimated.
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