News Formal

Delta Stock Takes Off on Earnings Beat. ‘Robust Demand’ Lifts More Airlines Too.

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

Delta Air Lines reported earnings of $2.03 a share on revenue of $14.6 billion in the third quarter, firmly beating analyst expectations.

Delta Air Lines stock was rising Thursday as the first of the “big four” U.S. carriers reported earnings ahead of expectations, with a strong demand outlook and steady view on fuel costs adding to the good news.

“Robust demand for travel on Delta is continuing into the December quarter where we expect total revenue growth of 9 percent to 12 percent compared with the December quarter 2022,” said Glen Hauenstein, Delta’s president.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in US

United States United States Latest News, United States United States Headlines

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

Delta Stock Takes Off as Earnings Beat. ‘Robust Demand’ Lifts More Airlines Too.Delta Air Lines reported earnings of $2.03 a share on revenue of $14.6 billion in the third quarter, firmly beating analyst expectations.
Source: MarketWatch - 🏆 3. / 97 Read more »