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United tops Street 3Q forecasts

CHICAGO (AP) — United Continental Holdings Inc. (UAL) on Thursday reported third-quarter profit of $4.82 billion.

On a per-share basis, the Chicago-based company said it had profit of $12.82. Earnings, adjusted for non-recurring gains, came to $4.53 per share.

The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $4.49 per share.

The airline posted revenue of $10.31 billion in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $10.27 billion.

United shares have declined 18 percent since the beginning of the year. The stock has climbed 10 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UAL at http://www.zacks.com/ap/UAL

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Keywords: United Continental, Earnings Report, Priority Earnings


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