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Q3 result: United records $1.3B pre-tax earnings, announces $1.5B share repurchase prog.
Year-to-date generated $7.2 billion of operating cash flow, $3.4 billion free cash flow United Airlines (UAL) on Wednesday reported third-quarter 2024 financial results. The company had pre-tax earnings of $1.3 billion, with a pre-tax margin of 8.7%; adjusted pre-tax earnings1 of $1.4 billion, with an adjusted pre-tax margin1 of 9.7%. The company also achieved diluted earnings per share of $2.90; and adjusted diluted earnings per share1 of $3.33, ahead of the third-quarter 2024 guidance provided at the start of the quarter of $2.75 to $3.25. To…
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