United Airlines Holdings Inc (NASDAQ:UAL) reported third-quarter financial results after the market close on Tuesday. Here’s a rundown of the report.
Q3 Earnings: United Airlines reported third-quarter revenue of $14.843 billion, beating the consensus estimate of $14.783 billion, according to Benzinga Pro. The airline company reported adjusted earnings of $3.33 per share, beating analyst estimates of $3.13 per share.
Capacity was up 4.1% on a year-over-year basis. TRASM (total revenue per available seat mile) was down 1.6% while CASM (cost per available seat mile) was up 0.1%. United said this was its busiest third quarter as measured by revenue passenger volumes in company history.
United ...
