FMP

FMP

Delta Air Lines Reported Better-Than-Expected Q4 Results

Delta Air Lines, Inc. (NYSE:DAL) reported its Q4 results, with EPS coming in at $0.22, beating the Street estimate of $0.14. Quarterly revenue was $9.47 billion, compared to the consensus estimate of $9.21 billion.

Adjusted pretax profit was $170 million, compared to the company’s guidance of around $200 million (but that was prior to an operationally challenging year-end due to Omicron and weather-related cancellations), representing the company’s second consecutive profitable quarter since the onset of the pandemic.