1735 ET - United Airlines is guiding closer to its "recessionary scenario" -- even though the economy hasn't slipped into a recession. The airline offered an adjusted earnings per share range of $9 to $11 for the year, 50 cents closer to the low estimate of $7 to $9 it offered in April to account for a recession scenario than it is to the original $11.50 to $13.50 range. While the market has recovered from its tariff-related drop, consumers still look shaky. Slower demand has weighed on the company since early spring and didn't fully rebound in the second quarter -- though CEO Scott Kirby is hopeful about a turnaround in the second half of the year. (katherine.hamilton@wsj.com)
(END) Dow Jones Newswires
July 16, 2025 17:35 ET (21:35 GMT)
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