Delta Air Lines earnings in focus amid travel boom, surging fuel prices

📆 11-10-23 12:58:00
📰 startelegram

⏱ Reading Time:
11 sec. here
2 min. at publisher
📊 Quality Score:
News: 8%
Publisher: 63%

Belgique Nouvelles Nouvelles

Delta, the first of the major U.S. carriers to report third quarter earnings, is likely to detail the impact of surging jet fuel costs on record travel demand.

Analysts expect Delta to post an adjusted bottom line of $1.94 per share, a 28% increase from last year's levels, with revenues rising around 13% to $14.54 billion a the carrier continues to profit from the ongoing surge in post-pandemic travel.

For the full year, the carrier said it sees earnings in the region of $6 to $7 per share, a $1 improvement from its prior forecast, while reiterating its target of $3 billion in free cash flow.

Écrire un Commentaire

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Delta Q3 Earnings: Can Revenue Diversification Overshadow Short-Term Risks?Stocks Analysis by Investing.com (Günay Caymaz) covering: Delta Air Lines Inc, Delta Air Lines Inc. Read Investing.com (Günay Caymaz)'s latest article on Investing.com
La source: Investingcom - 🏆 450. / 53 Lire la suite »