United Airlines forecasts weaker Q4 profit on higher costs

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United Airlines forecasts weaker Q4 profit on higher costs
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Grandpere’s love builds a Viking ship in West Pubnico | SaltWireCHICAGO - 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.

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