Delta's Q3 revenue beat expectations at $15.68B, but EPS missed; analysts still rate it "buy."

In Q3 2019, Delta Air Lines saw mixed performance, with revenue exceeding analysts' expectations at $15.68 billion but earnings per share (EPS) of $1.50 falling slightly short of forecasts. Institutional investors like Bridgewater Associates and Healthcare of Ontario Pension Plan significantly increased their stakes. Despite a minor earnings miss, analysts maintain a "buy" rating, with an average target price of $75.83. Delta also paid a quarterly dividend of $0.15 per share.

November 29, 2024
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