Reported about 1 month ago
United Airlines has unveiled a $1.5 billion share buyback, its first since the pandemic, after reporting third-quarter adjusted earnings per share (EPS) of $3.33, surpassing analysts' expectations. The airline anticipates an adjusted EPS of $2.50 to $3.00 for the fourth quarter and noted improvements in revenue trends following a reduction in excess capacity within the industry.
Source: YAHOO