Delta Air Lines Reiterates 2024 Outlook For EPS Of $6-$7 (Est $6.46) And Free Cash Flow Of $3B-$4B
Portfolio Pulse from Benzinga Newsdesk
Delta Air Lines has reaffirmed its financial outlook for 2024, projecting earnings per share (EPS) in the range of $6-$7, aligning with analyst estimates of $6.46, and anticipates generating free cash flow between $3 billion and $4 billion.
April 10, 2024 | 10:32 am
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Delta Air Lines has confirmed its 2024 financial targets, with EPS expected to be $6-$7 and free cash flow projected at $3B-$4B.
Reiterating a positive financial outlook, especially one that aligns with analyst expectations, tends to instill confidence in investors about the company's future performance and financial health. This announcement is likely to have a positive impact on Delta Air Lines' stock in the short term as it confirms the company's growth trajectory and financial stability.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100