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HomeTravelDelta Air Lines (DAL) 3Q 2024 earnings

Delta Air Lines (DAL) 3Q 2024 earnings

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 the carrier warned it expects a 1-point revenue hit from lower demand before and after the Nov. 5 U.S. presidential election.

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