Delta Stock Falls as Quarterly Results, Outlook Disappoint

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 ...