United Airlines Holdings Inc. late Wednesday refined its 2025 profit outlook, joining Delta Air Lines Inc. in giving investors some hope for the industry, but a mixed earnings snapshot and lingering macroeconomic concerns left the stock under pressure.

The carrier says conditions are less uncertain than they were earlier this year, reason enough to refine its outlook.

United Airlines on Wednesday forecast a lower-than-expected profit in the quarter through September as worries about rising living costs and an uncertain economic outlook have led to a pullback in discretionary travel spending.