BUZZ - United Airlines shares fall after the company forecasted fourth-quarter profits below market expectations

October 20 - ** United Airlines (UAL.O) shares fell nearly 3% in after-hours trading to $95.35

** The company expects (link) fourth-quarter profit to come in below expectations, as rising fuel costs offset gains from strong travel demand and higher ticket prices

** According to data compiled by London Stock Exchange Group (LSEG), the Chicago-based airline expects adjusted earnings per share of 50 cents to $1.50 for the December quarter, compared with analysts’ average forecast of $1.76 per share.

** Despite a 17.4% increase in third-quarter revenue to about $17.9 billion, its adjusted earnings per share of $2.54 slightly missed the $2.57 estimate

** As of the close of the previous trading day, the stock was down 12.6% for the year

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