An Airbus A330-941 is being delivered to Delta Air Lines, flying from Toulouse Blagnac Airport to Atlanta, in Toulouse, France, on December 8, 2023.swung to a profit in the first quarter and its CEO Ed Bastian said bookings for both leisure and business travel are strong as the peak travel season approaches.
Revenue of $12.56 billion, adjusted to strip out refinery sales, was up 6% from last year, and slightly below analysts' expectations. in the three months ended March 31, compared to Wall Street expectations based on consensus estimates from LSEG:$12.56 billion vs. $12.59 billion expected. Delta forecast second-quarter earnings of $2.20 to $2.50 per share, while analysts forecast between $2.23 per share on average, according to LSEG. Delta also reiterated its full-year forecast for $6 to $7 a share and free cash flow of between $3 billion and $4 billion.