Delta expects higher earnings in fourth quarter despite lower demand around the election
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 1.85 per share, compared with Wall Street estimates of 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 ...