Delta Air Lines Announces December Quarter and Full Year 2023 Financial Results
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Citi Comments on Delta Air Lines (DAL)
January 12, 2024 12:12 PM ESTCiti analyst Stephen Trent reiterated a Buy rating and $56.00 price target on Delta Air Lines (NYSE: DAL).
The analyst comments "Delta struck a reasonable tone on its 4Q results conference call, with management highlighting macro factors and an expected $350M y-o-y increase in... More
Airline stocks fall on Delta's 'conservative' EPS guidance; Morgan Stanley remains optimistic
January 12, 2024 6:47 AM EST(Updated - January 12, 2024 8:03 AM EST)
Delta Air Lines (NYSE: DAL) stock dropped more than 5% in early Friday trade after the company offered a full-year profit outlook that was below its prior targets.
Delta sees adjusted earnings per share for 2024 in a range from $6 to $7. The estimate falls within the consensus estimate of $6.56.
At its Investor Day in 2023, Delta said it was looking for FY24 EPS to exceed $7. The management noted that the lower capacity for the year has led to higher costs.
Following the... More
Delta Air Lines (DAL) Tops Q4 EPS by 12c
January 12, 2024 6:31 AM ESTDelta Air Lines (NYSE: DAL) reported Q4 EPS of $1.28, $0.12 better than the analyst estimate of $1.16. Revenue for the quarter came in at $13.7 billion versus the consensus estimate of $13.56 billion.
GUIDANCE:
Delta Air Lines sees FY2024 EPS of $6.00-$7.00, versus the... More
