Delta Air Lines Expects Q4 Total Revenue Growth Of 2%-4%, Operating Margin Of 11%-13%, And EPS Of $1.60-$1.85 (Est $1.69)
Portfolio Pulse from Benzinga Newsdesk
Delta Air Lines projects a 2%-4% increase in total revenue for Q4, with an operating margin of 11%-13% and EPS between $1.60 and $1.85, compared to an estimated $1.69.
October 10, 2024 | 10:34 am
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Delta Air Lines anticipates Q4 revenue growth of 2%-4%, an operating margin of 11%-13%, and EPS between $1.60 and $1.85, slightly above the estimated $1.69.
Delta's forecasted revenue growth and operating margin are positive indicators for the company's financial health. The EPS range is slightly above the estimated $1.69, suggesting potential upside in earnings performance. This positive outlook is likely to boost investor confidence and could lead to a short-term increase in DAL's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100