Delta Airlines: issues profit warning
(CercleFinance.com) - Delta Airlines is expected to fall sharply on Wall Street on Tuesday (pmt -4%), the day after the Atlanta-based company issued a profit warning ahead of today's JP Morgan Industrials Conference.
This quarter, the airline now expects total revenue growth of 3% to 4% y-o-y, compared with 7% to 9% at the time of its last quarterly publication on 10 January.
In terms of profitability, Delta Airlines now expects an operating margin of only 4% to 5%, instead of the initial target range of 6% to 8%, as well as EPS of 30 cents to 50 cents, vs. 70 cents to $1 two months ago.
The outlook has been impacted by the recent decline in household and business confidence, caused by heightened macroeconomic uncertainty and weakening domestic demand, the group says.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
This quarter, the airline now expects total revenue growth of 3% to 4% y-o-y, compared with 7% to 9% at the time of its last quarterly publication on 10 January.
In terms of profitability, Delta Airlines now expects an operating margin of only 4% to 5%, instead of the initial target range of 6% to 8%, as well as EPS of 30 cents to 50 cents, vs. 70 cents to $1 two months ago.
The outlook has been impacted by the recent decline in household and business confidence, caused by heightened macroeconomic uncertainty and weakening domestic demand, the group says.
Copyright (c) 2025 CercleFinance.com. All rights reserved.