United Airlines Unveils $1.5B Buyback, Results Top Estimates

KEY TAKEAWAYS United Airlines unveiled plans for a $1.5 billion share buyback, its first since the pandemic, as the carrier also reported quarterly results that beat analysts' estimates. United reported third-quarter adjusted EPS of$3.33, ahead of its own guidance and those of analysts polled by Visible Alpha. It also projected adjusted EPS of $2.50 to$3.00 a share in the fourth quarter and said "unproductive capacity" had left the market. United Airlines (UAL) unveiled plans for a $1.5 billion share buyb ...