United Airlines reported a third-quarter earnings beat, posting operating revenue of $15.2 billion, adjusted EPS of $2.78, and available seat miles of 87.42 billion. The airline anticipates Q4 adjusted EPS in the range of $3.00 to $3.50, with margins expected to expand. Despite a 3% drop in stock initially, United’s CEO highlighted investments in customer experience and brand loyalty. Premium cabin revenue rose 6% year over year, with Basic Economy revenue up 4% and loyalty revenue up 9%. Operational issues at Newark Liberty Airport earlier this year impacted United’s performance, but recent improvements have matched other NYC airports in on-time performance. The government shutdown’s effects on air traffic control staffing remain a concern for airlines like United and Delta, with potential impacts on operational performance if the shutdown persists.

Read more at Yahoo Finance: United reports Q3 earnings beat, upbeat Q4 profit and margin guidance