United Airlines’ Stock Dips Amid Mixed Q3 Results Despite EPS Beat
United Airlines (UAL) shares fell 2% post-Q3 earnings, revealing a complex financial picture. The carrier outperformed EPS expectations ($2.78 vs. $2.65 consensus) but missed revenue targets ($15.23B vs. $15.33B forecast), with modest 2.6% year-over-year sales growth.
Guidance offered a silver lining: Q4 EPS projections of $3.00-$3.50 surpassed Wall Street's $2.87 estimate. The airline continues aggressive capacity expansion (+7% YoY) even as competitors retrench, though unit passenger revenue declined domestically (-3.3%) and internationally (-7.1%). Premium travel strategies and a 9% surge in loyalty program sales underscore its focus on high-margin customers.