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International Business Times
International Business Times
Business
AFP News

United Announces $1.5 Bn Share Buyback As Earnings Top Estimates

United Airlines
United Airlines reported third quarter earnings Tuesday (Credit: AFP)

United Airlines announced a $1.5 billion share buyback on Tuesday as its earnings for the third quarter topped analyst estimates.

The US airline reported net income of $965 million, down more than 15 percent from the same period a year earlier. This translated to an adjusted diluted earnings per share of $3.33 -- above analyst estimates.

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International Business Times UK
International Business Times UK
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