Delta Air Lines stock climbed in premarket trading Thursday as the airline provided upbeat guidance for the final three months of the year on improving corporate travel demand.
The carrier said corporate travel was improving and domestic and international demand remained robust. It expects revenue in the December quarter to be 5% to 9% higher than the same period in 2019, and adjusted earnings per share of $1 to $1.25. Analysts currently expect fourth quarter EPS of $0.79 and revenue to be around 3% higher than 2019 levels, according to FactSet
Delta Air Lines Stock Surges Despite Earnings Miss. Business Travel Is Back.
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