United Airlines (UAL) Tops Q3 EPS by 7c
United Airlines (NYSE: UAL) reported Q3 EPS of $2.75, $0.07 better than the analyst estimate of $2.68. Revenue for the quarter came in at $10.6 billion versus the consensus estimate of $10.56 billion.
United's consolidated passenger revenue per available seat mile (PRASM) increased 3.9 percent in the third quarter of 2014 compared to the third quarter of 2013.
Third-quarter 2014 consolidated unit costs (CASM), excluding special charges, third-party business expenses, fuel and profit sharing, increased 1.0 percent year-over-year on a consolidated capacity increase of 0.5 percent. Third-quarter 2014 CASM, including those items, decreased 4.0 percent year-over-year.
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