Delta Airlines: Q3 EPS down 26%

(CercleFinance.com) - Delta Airlines reports adjusted Q3 2024 EPS that is down 26% to $1.
50, with an operating margin down 4.1 points to 9.4%, on stable operating revenues of nearly $14.6bn. NB: pmt -5.6%.

In the September quarter, unit revenue growth improved sequentially across all geographic segments, reflecting a better balance between demand and supply as industry growth moderated, it says.

Announcing strong bookings for the holiday season, the Atlanta-based airline forecasts EPS of $1.60 to $1.85, an operating margin of 11% to 13% and revenue growth of 2% to 4% for Q4 2024.


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