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

Business News News

Delta Air Lines earnings in focus amid travel boom, surging fuel prices
Business Business Latest News,Business Business Headlines

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.

 

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Delta Q3 Earnings: Can Revenue Diversification Overshadow Short-Term Risks?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
Read more »



Render Time: 2025-01-10 19:34:10