United Continental Holdings Inc UAL Q3 EPS of $3.11 came in $0.23 ahead of the Street’s consensus, while revenue of $9.9 billion, down 4 percent year-over-year, beat estimates of $9.89 billion.
For Q4, management said it expects to see a 4-6 percent decline in passenger unit revenue.
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United Airlines CEO Oscar Munoz commented, "We delivered another very good quarter, demonstrating the progress United (URGI) continues to make at improving our customer experience, which included our best third quarter on-time performance in company history.
"As we execute our strategy to build the world's best airline, we will remain intensely focused on engaging our employees, running a great operation and improving our financial performance."
Shares closed at $53.03, down $0.16 or 0.30 percent, on Monday.
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