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00:02United Airlines cut its 2026 earnings outlook on Tuesday due to rising jet fuel costs driven
00:09by the Middle East war, according to CNBC. For the quarter that ended March 31st, adjusted
00:14earnings of $1.19 per share and revenue of $14.61 billion. Both exceeded expectations of $1.07
00:23per share and $14.37 billion. The company cut its 2026 adjusted earnings outlook to $7
00:31to $11 per share from $12 to $14 due to higher jet fuel costs linked to the Middle East war.
00:37United forecast second quarter, adjusted earnings of $1 to $2 per share below expectations of $2.08.
00:44Revenue rose more than 10% year over year. Net income increased to $699 million from $387
00:52million. The airline is trimming capacity growth and raising fares as it expects fuel price
00:57would average $4.30 per gallon in the second quarter. For all things money, visit Benzinga.com.
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