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Stock impact report

United stock up 4% after earnings [MarketWatch]

United Airlines Holdings, Inc. (UAL) 
Last united airlines holdings, inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.united.com
Company Research Source: MarketWatch
United stock up 4% after earnings United Continental Holdings Inc. UAL, +2.68% shares rose more than 4% in the extended session Tuesday, shaking off initial weakness after the airline reported third-quarter per-share profits that missed expectations but revenue that came in line with forecasts. United said it earned $836 million, or $3.06 a share, in the quarter, compared with $645 million, or $2.15 a share, in the year-ago period. The company reported adjusted net income of $837 million, or also $3.06 a share, in the quarter, compared with $677 million, or $2.25 a share, a year ago, it said. Total operating revenue rose 11% to $11 billion, from $9.9 billion a year ago. Analysts polled by FactSet had expected GAAP earnings of $3.09 a share and adjusted earnings of $3.07 a share on sales of $11 billion. "Tropical storms across the system are estimated to have reduced diluted earnings per share by approximately $0.07," and fuel costs rose steeply, United said in a statement. The airl Show less Read more
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