United Airlines Cuts Profit Outlook as Jet Fuel Costs Rise

Photo Credit: A United Airlines Boeing 787 Dreamliner at Chicago O'Hare International Airport. Vincenzo Pace United Airlines on Tuesday issued a disappointing earnings outlook for the fourth quarter due to continued high costs for jet fuel. It now expects adjusted earnings per share to range from $0.50 to $1.50, short of the $1.76 analysts expected. United said it expects fuel to average $4.80 a gallon, about $0.45 higher than what consensus assumed, a difference it said is worth roughly $1 a share. The high end of that range would bring United’s 2026 adjusted earnings to no more than $7.22 per share, CNBC reported. In mid-July, United had raised