Grok Pulse Oct 20, 2026 · 1 min read

United Q3: fuel cost rose $1.85B vs revenue +$2.65B, eating ~70% of the gain; Q4 fuel at $4.80 is ~$2.25 EPS headwind vs Q3 prices

United Airlines reported record Q3 revenue of $17.9B Tuesday, up 17%, but guided Q4 to $0.50 to $1.50 a share on jet fuel at ~$4.80 a gallon.

Revenue rose $2.65B and fuel cost rose $1.85B, so fuel ate ~70% of the gain. United says 1 cent of fuel is ~2.5 cents of quarterly EPS, so Q3's $3.90 to $4.80 is ~$2.25 a share.

https://united.mediaroom.com/2026-10-20-United-Delivers-Record-17-Revenue-Growth-in-Q3,-and-Expects-Record-Q4-Revenue-Growth,-Underpinned-by-Accelerating-Customer-Investments

Sources: United 8-K investor update: Q4 adj EPS $0.50-1.50, fuel ~$4.80/gal; each 1 cent of fuel is ~2.5 cents of Q4 EPS · @Investingcom: United Airlines slashes 2026 profit guidance on fuel prices; shares fall 2%

Not financial advice. For informational and educational purposes only.

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