Delta Air Lines Sees FY24 EPS Is Expected To Be At Or Above The Mid Point Of Guidance Of $6-$7; Outlook Sept Quarter ASMs YoY Up About 4 %
Portfolio Pulse from Benzinga Newsdesk
Delta Air Lines projects its FY24 EPS to be at or above the midpoint of its guidance range of $6-$7. Additionally, the airline anticipates a 4% year-over-year increase in Available Seat Miles (ASMs) for the September quarter.
September 12, 2024 | 1:04 pm
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Delta Air Lines expects its FY24 EPS to be at or above the midpoint of its $6-$7 guidance, indicating strong financial performance. The airline also forecasts a 4% YoY increase in ASMs for the September quarter, suggesting growth in capacity.
The positive EPS guidance suggests strong financial performance, which is likely to boost investor confidence and potentially drive the stock price up. The increase in ASMs indicates growth in capacity, further supporting a positive outlook.
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