CHICAGO (Reuters) – United Airways on Tuesday forecast a lower-than-expected revenue for the present quarter and warned of draw back dangers to its full-year outlook if the U.S. economic system slips right into a recession.
The Chicago-based airline expects an adjusted revenue within the vary of $3.25 a share to $4.25 per share within the quarter via June. The midpoint of the forecast is $3.75 per share, in contrast with analysts’ common estimate of $3.93 a share, based on LSEG knowledge.
(Reporting by Rajesh Kumar Singh; Enhancing by Chris Reese)
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