Delta Air Lines Q3 2024 Adj. EPS $1.50 Misses $1.52 Estimate, Sales $15.677B Beat $14.674B Estimate
Portfolio Pulse from Benzinga Newsdesk
Delta Air Lines reported Q3 2024 earnings per share of $1.50, missing the $1.52 estimate, but sales of $15.677 billion exceeded the $14.674 billion estimate. EPS decreased by 26.11% from last year, while sales increased by 1.22%.
October 10, 2024 | 10:32 am
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Delta Air Lines' Q3 2024 earnings per share of $1.50 missed expectations, but sales of $15.677 billion exceeded estimates. The EPS decline of 26.11% from last year may concern investors, but the sales beat could provide some reassurance.
The mixed earnings report, with EPS missing but sales beating estimates, presents a neutral short-term impact. The significant YoY EPS decline is a concern, but the sales beat may offset some negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100