United sees 2026 profit at high end of forecast despite renewed fuel surge
UAL•Third-quarter outlook trails expectations
For the third quarter, United forecast adjusted earnings of $2.50 to $3.50 per share and an average fuel price of $3.69 per gallon. The $3 midpoint compares with analysts' average estimate of $3.60 a share, according to LSEG.
(Reporting by Rajesh Kumar Singh; Editing by David Gaffen)
United keeps 2026 profit outlook at high end
CHICAGO, July 15 (Reuters) - United Airlines said on Wednesday it expected full-year profit at the high end of its previous forecast as strong travel demand and higher fares help offset a renewed surge in fuel costs, even as its third-quarter earnings outlook fell short of Wall Street expectations.
The Chicago-based carrier now expects 2026 adjusted earnings per share at the high end of its previous range of $9 to $11, even as it forecasts its fuel bill will be about $6 billion higher than it expected at the start of the year.
The top end of the range is about 5% above the $10.46 per share expected by analysts surveyed by LSEG.
