Delta Air Lines: beats consensus in Q4
(CercleFinance.com) - Delta Airlines posted EPS that is up 42% at 1.
30 dollar, exceeding the consensus by four cents, driven by 7.5% growth in operating revenue to 10.7 billion dollars.
The Atlanta-based airline has recorded adjusted EPS that is up 19% at 5.65 dollars for 2018, and says that it remains confident in its target range of 6 dollars to 7 dollars for FY 2019.
"We expect to drive double-digit earnings growth through higher revenues, maintaining a cost trajectory below inflation, and the modest benefit from lower fuel costs," said CEO Ed Bastian.
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