United Airlines sees profit below estimates as travel spending dips
The Chicago-based airline, however, said it has seen an improvement in overall bookings in the current quarter from a quarter ago, with a double-digit acceleration in business travel demand.
United expects an adjusted profit in the range of $2.25 a share to $2.75 per share in the quarter through September. The midpoint of the forecast is $2.50 per share, compared with analysts' average estimate of $2.60, according to LSEG data.
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Telegraph
7 minutes ago
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Reuters
7 minutes ago
- Reuters
SLB beats quarterly profit estimates on steady oilfield services demand
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