Delta Air Lines reaffirms 1Q profit forecast at $0.25-$0.50/share, with year-over-year revenue growth in top half of guidance range.
Delta Air Lines reaffirmed its first-quarter profit forecast, expecting its adjusted profit per share to be between $0.25 and $0.50, compared to analysts' average expectations of $0.36. The company also expects to deliver year-over-year total revenue growth in the top half of its initial guidance range for the March quarter. Delta's first-quarter revenue guidance is +3-6% year-over-year, compared to the consensus revenue estimate of $12.50 billion. The airline's 2024 profit per share forecast remains at $6 to $7.
March 12, 2024
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