Delta tops quarterly earnings expectations, focuses on efficiency as growth steadies

  • 📰 CNBC
  • ⏱ Reading Time:
  • 29 sec. here
  • 15 min. at publisher
  • 📊 Quality Score:
  • News: 60%
  • Publisher: 72%

Delta Air Lines Inc Nouvelles

Markets,Airlines,Travel

CEO Ed Bastian said hiring has slowed after the company added staff aggressively following the pandemic.

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.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
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:

 /  🏆 12. in BE

Belgique Dernières Nouvelles, Belgique Actualités