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Continental says to report Q3 profit

FA Mikey

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The company said in a filing with the U.S. Securities and Exchange Commission that it would tell employees in a meeting Wednesday that it will post a profit. It also said it had accrued an employee profit sharing pool of more than $100 million through the first nine months of the year.

Continental is expected to post third-quarter earnings of $1.33 per share on revenue of $3.53 billion, according to a survey of analysts by Reuters Estimates. The airline is due to report third-quarter earnings October 19.
 

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