United Airlines profits surge nearly 40% on cheaper fuel and strong demand

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United Airlines profits surge nearly 40% on cheaper fuel and strong demand
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United Airlines earnings and revenue narrowly beat estimates

United posted net income of $614 million, up 39% from the year-earlier period on revenues of $10.89 billion, nearly 4% higher than a year earlier and slightly above analyst estimates.

The carrier's adjusted per-share earnings came in at $2.67 on an adjusted basis, compared with $2.65 analysts polled by Refinitiv were expecting.

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