United Posts Strong Q3, Eyes Top of Guidance Range

United Airlines UAL just wrapped up a strong third quarter and it's feeling confident heading into the final stretch of the year. CEO Scott Kirby said United's brand loyal strategy is holding up even in a tough market, helping the company grow earnings while keeping customers happy. Every United customer simply gets more value at United than what our competitors offer, he told investors.

United reported Q3 earnings per share of $2.78, topping the high end of guidance, on $15.2 billion in revenue, up 2.6% from last year. The company posted an 8% pretax margin and saw CASM-ex a key cost metric fall 0.9%. CFO Michael Leskinen said Q4 earnings should land between $3 and $3.50 a share, putting full-year EPS toward the top of the $9$11 range. That could make United the only major U.S. airline to grow earnings this year.

Premium revenue rose 6%, loyalty income jumped 9%, and operational performance hit new highs including United's busiest summer ever, with over 48 million customers flown. Management said it plans to keep investing in better customer experiences, smart cost cuts, and tech upgrades while staying disciplined on routes.Keep momentum rolling into 2026 with a focus on high-value travelers and double-digit margins.