Delta Air Lines Expects Q2 Total Revenue Growth Of 5-7%, Mid-Teens Operating Margin, And EPS Of $2.20-$2.50 (Est $2.25)
Portfolio Pulse from Benzinga Newsdesk
Delta Air Lines forecasts a 5-7% increase in Q2 total revenue, a mid-teens operating margin, and an EPS of $2.20-$2.50, slightly above the estimated $2.25.
April 10, 2024 | 10:35 am
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Delta Air Lines anticipates a 5-7% revenue growth in Q2, with an operating margin in the mid-teens and an EPS of $2.20-$2.50, surpassing the estimated $2.25.
Delta Air Lines' positive revenue growth forecast and EPS projection above estimates indicate a strong financial performance for Q2. This optimistic outlook is likely to positively influence investor sentiment and potentially lead to an increase in DAL's stock price in the short term.
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IMPORTANCE 90
RELEVANCE 100