Delta shares are trading higher after the company reportedly said FY24 EPS is expected to be at or above the midpoint of the $6-$7 range, with September quarter ASMs up around 4% YoY.
Portfolio Pulse from Benzinga Newsdesk
Delta shares rise as the company projects FY24 EPS to be at or above the midpoint of the $6-$7 range, with a 4% YoY increase in September quarter ASMs.
September 12, 2024 | 1:05 pm
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Delta's stock is trading higher following the company's announcement that FY24 EPS is expected to be at or above the midpoint of the $6-$7 range. Additionally, the September quarter ASMs are up around 4% YoY, indicating strong operational performance.
The positive EPS forecast and increase in ASMs suggest strong financial and operational performance, likely boosting investor confidence and driving the stock price higher.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100