United Airlines (UAL) earnings for the quarter ended September 2026: EPS misses estimates
United Airlines reported results for the quarter ended September 2026 on October 20, 2026. Adjusted earnings per share came in at $2.54 against the analysts’ average forecast of $2.57, a miss of 1.3%.
Revenue for the quarter was $17.88 billion, up 17.4% from $15.22 billion in the same quarter a year earlier.
The market’s verdict: the stock rose 6.3% on the first trading day after the report.
The last four quarters
United Airlines has beaten the analysts’ EPS forecast in 3 of the last 4 quarters.
| Quarter | EPS | Forecast | Surprise | Revenue growth | Price reaction |
|---|---|---|---|---|---|
| Sep 2026 | $2.54 | $2.57 | −1.3% | +17% | +6.3% |
| Jun 2026 | $1.99 | $1.85 | +7.6% | +16% | −1.3% |
| Mar 2026 | $1.19 | $1.08 | +10.0% | +11% | −7.3% |
| Sep 2025 | $2.78 | $2.68 | +3.8% | +3% | −4.8% |
What comes next
Analysts expect EPS of $1.30 for the next quarter on average and $7.08 for the fiscal year ending December 31, 2026.
The average analyst price target is $150.57, 38% above the current price of $109.31.
Valuation and score
United Airlines scores 1.8 out of 5 overall on Stock Analiz (weak), trades at a trailing P/E of about 10.0, and its intrinsic value under moderate assumptions is about 31% below the current market value. Full United Airlines analysis with 10 years of financials
Frequently asked questions
What was United Airlines’s EPS for the quarter ended September 2026?
$2.54 adjusted per share, against an analyst consensus of $2.57.
How much revenue did United Airlines report?
$17.88 billion, up 17.4% year over year.
More
This report was written automatically from the published numbers within hours of the release. It is information, not investment advice.