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United Airlines cuts 2026 profit forecast due to rising jet fuel costs despite strong Q1 earnings

Company Fundamentals
22 Apr 2026
Proactive Investors
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Bearish
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United Airlines reported first-quarter earnings above expectations but lowered its full-year profit forecast for 2026, citing increased jet fuel prices driven by geopolitical tensions in the Middle East. The airline posted adjusted earnings of $1.19 per share for Q1, beating analyst estimates, with revenue of $14.61 billion. However, it now expects adjusted earnings of $7 to $11 per share for the year, down from the previous $12 to $14 forecast. Rising fuel costs and operational expenses pressured the outlook, prompting United to reduce its capacity growth plans for the rest of the year while focusing on long-term strategies like expanding cabin segmentation and loyalty programs.

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