CHICAGO (Reuters) – United Airlines on Tuesday forecast a lower-than-expected profit for the current quarter and warned of downside risks to its full-year outlook if the U.S. economy slips into a recession.
The Chicago-based airline expects an adjusted profit in the range of $3.25 a share to $4.25 per share in the quarter through June. The midpoint of the forecast is $3.75 per share, compared with analysts’ average estimate of $3.93 a share, according to LSEG data.
(Reporting by Rajesh Kumar Singh; Editing by Chris Reese)
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