United, JetBlue Top Estimates With Higher Fares

United Continental Holdings Inc. (UAL) and JetBlue Airways Corp. (JBLU) posted fourth-quarter results that exceeded analysts' estimates as higher fares helped overcome rising fuel costs. United's profit excluding some items was $109 million, or 30 cents a share, which beat the 11-cent average of 14 estimates compiled by Bloomberg. JetBlue's net income almost tripled to $23 million, or 8 cents a share, topping analysts' 4-cent average. JetBlue also said it's freezing management hiring and pay to help hold down costs. Read More