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Delta expects higher earnings in fourth quarter despite lower demand around the election
DALDelta(DAL) CNBC·2024-10-10 10:31

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 1.60to1.60 to 1.85 per share, compared with Wall Street estimates of 1.71,accordingtoLSEG,andabovetheadjusted1.71, 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 ...