United Airlines Shares Jump on Revenue Beat

Shares of United Continental Holdings, Inc.  (UAL) surged in after-hours trading Tuesday after the airline topped analyst revenue and earnings estimates for the latest quarter.

United shares rose about 6% in late trading to $86.03.

The company said it made $2.41 a share, adjusted for one-time items, vs. expectations of $1.99 from analysts surveyed by FactSet.

Revenue hit $10.5 billion vs. expectations of $10.3 billion.

In the same period a year ago the company posted earnings of $1.44 a share on sales of $9.45 billion.

The stock had fallen about 4.1% since the company last reported earnings on Oct. 16.

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