United Airlines (NYSE: UAL) announced its third-quarter earnings this afternoon, with headline figures in the print comfortably beating Wall Street expectations. The airline reported diluted earnings per share (EPS) of $2.90 and adjusted EPS of $2.78, both of which fell comfortably within the upper end of the airline's guidance. Revenues rose 2.6% year-on-year to $15.2 billion, with pre-tax earnings of $1.3 billion and an 8.2% margin.

The airline also guided to higher earnings in the fourth quarter, with a new range of $3.00-$3.50, and management is also expecting a meaningful year-over-year improvement in unit revenues over the third quarter. The airline's overall mix was healthy, with premium cabin revenues up around 6% while economy fare revenue also increased 4%. Cargo revenues jump

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