Delta Air Lines on Thursday warned of a hit to its fourth-quarter revenue, saying consumers want to be home around the upcoming US presidential election and are holding off discretionary spending. Still, the Atlanta-based carrier said the current quarter is shaping up to be one of the most profitable fourth quarters in its history due to improved pricing power as well as strong holiday travel bookings. Delta said the Nov. 5 presidential election is expected to shave 1 percentage point from its unit revenue ...

A woman uses an umbrella to protect herself from the sun as she passes past the Colosseum during an intensely hot day in Rome, Italy, on July 11, 2024.Summer trips to Europe are getting too hot for thousands of tourists.Delta Air Lines president Glen Hauenstein said travelers are opting out of flying to Europe during the traditional summer peak travel season. Instead, they are shifting trips to cooler months, a trend that airline officials have been noticing over the past couple of years as consumers look t ...

U.S. stocks traded mixed midway through trading, with the Nasdaq Composite gaining around 0.1% on Thursday.The Dow traded down 0.17% to 42,437.66 while the NASDAQ rose 0.12% to 18,313.25. The S&P 500 also fell, dropping, 0.05% to 5,789.32.Check This Out: Netflix To Rally Around 13%? Here Are 10 Top Analyst Forecasts For ThursdayLeading and Lagging SectorsEnergy shares jumped by 0.6% on Thursday.In trading on Thursday, industrials shares fell by 0.5%.Top HeadlineDelta Air Lines, Inc. DAL reported downbeat th ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

For the quarter ended September 2024, Delta Air Lines (DAL) reported revenue of $15.68 billion, up 1.2% over the same period last year. EPS came in at $1.50, compared to $2.03 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $15.37 billion, representing a surprise of +2.00%. The company delivered an EPS surprise of -3.85%, with the consensus EPS estimate being $1.56.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...

Key TakeawaysShares of Delta Air Lines declined in premarket trading after the carrier's third-quarter results and fourth-quarter sales outlook came in below analysts' estimates.The carrier also confirmed costs of around $500 million following the CrowdStrike-caused global IT outage in July that resulted in 7,000 Delta flight cancellations over a five-day period.Delta posted third-quarter adjusted earnings per share (EPS) of $1.50 on revenue of $15.68 billion, and projected fourth-quarter revenue growth of ...

Delta Air Lines (DAL) came out with quarterly earnings of $1.50 per share, missing the Zacks Consensus Estimate of $1.56 per share. This compares to earnings of $2.03 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -3.85%. A quarter ago, it was expected that this airline would post earnings of $2.37 per share when it actually produced earnings of $2.36, delivering a surprise of -0.42%.Over the last four quarters, the company h ...

Shares of Delta Air Lines, Inc. (NYSE:DAL) are 3.3% lower before the opening bell, following the company's third-quarter earnings report. Not only did the airline giant report quarterly earnings and revenue that missed the mark, it provided a gloomy fourth-quarter revenue guidance on expectations of lower demand before and after the U.S. Presidential Election.Today's dip looks like it will cut into the stock's 26.7% year-to-date lead. After a May 13 four-year peak of $53.86, the shares cooled off in the sum ...

Delta Air Lines expects to grow earnings in the fourth quarter, thanks to resilient travel demand and strong bookings for year-end holidays.The Atlanta-based carrier on Thursday forecast fourth-quarter adjusted earnings of $1.60 to $1.85 per share, compared with Wall Street estimates of $1.71, according to LSEG, and above the adjusted $1.28 per share it reported a year earlier.Delta shares were down more than 5% in premarket trading.Revenue will likely rise between 2% and 4% from a a year earlier, though th ...

Exhibit 99.1 1 CONTACT: Investor Relations Corporate Communications 404-715-2170 404-715-2554 InvestorRelations@delta.com Media@delta.com Delta Air Lines Announces September Quarter 2024 Financial Results Delivering industry-leading operational and financial performance year-to-date Expect record December quarter revenue and an 11% - 13% operating margin, expanding over prior year Generating strong Return on Invested Capital, exceeding cost of capital by 5 points Upgraded to investment grade credit rating b ...