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Actionable news in UAL: UNITED CONTINENTAL HOLDINGS Inc,

United Continental (UAL) Stock Higher on Earnings Results

NEW YORK (TheStreet) -- United Continental (UAL - Get Report) stock is advancing by 0.55% to $54.85 at the start of trading on Thursday morning, after the company reported its earnings results for the 2015 third quarter.

The airline reported earnings of $4.53 per share, excluding special items such as a nonrecurring $3.2 billion non-cash gain related to the reversal of its income tax valuation allowance. Including special items, United reported earnings of $12.82 per share, up from $2.37 for the year ago period.

Earnings were higher as operating expenses declined by 10.7% year over year, due in large part to lower fuel costs.

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