United Airlines shares are trading lower after the company reported Q3 results and issued guidance. The company said Q4 EPS could be as low as $1.50 if Tel Aviv flight suspensions last through year end.
Portfolio Pulse from Benzinga Newsdesk
United Airlines reported Q3 results and issued guidance, stating that Q4 EPS could be as low as $1.50 if Tel Aviv flight suspensions last through year end. This news led to a decrease in the company's share price.
October 18, 2023 | 10:40 am
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United Airlines' Q3 results and guidance, coupled with potential prolonged Tel Aviv flight suspensions, have negatively impacted its share price.
United Airlines' Q3 results and guidance have not been well received by the market, leading to a decrease in its share price. The potential for prolonged flight suspensions to Tel Aviv, a key route for the airline, adds further uncertainty and potential negative impact on the company's earnings.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100