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Delta Air backs Q4 and full-year guidance

Clyde Edgerton by Clyde Edgerton
December 6, 2023
in Markets
Delta Air backs Q4 and full-year guidance
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Delta Air Lines Inc.
DAL,
+5.00%
backed its guidance for the fourth quarter and full-year on Wednesday, ahead of a presentation at the Morgan Stanley Global Consumer & Retail Conference. The airline is still expecting fourth-quarter EPS of $1.05 to $1.30 and revenue growth of 9% to 12%. For the full year, it expects EPS to range from $6.00 to $6.25 and for revenue to grow about 20%. The guidance was previously provided on Oct. 12. The stock has gained 14.5% in the year to date, while the S&P 500
SPX,
-0.06%
has gained 19%.

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