FMP
Delta Air Lines Updates Q3 Guidance
Sep 14, 2023 4:26 PM - Davit Kirakosyan(Last modified: Dec 19, 2023 5:49 PM)
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Delta Air Lines (NYSE:DAL) updated its Q3 forecast, expecting adjusted EPS to fall between $1.85 and $2.05, down from the prior range of $2.20 to $2.50 per share.
For the full year, Delta Air maintains its adjusted EPS projection of $6 to $7. It anticipates Q3 capacity growth of 16% and a fuel price per gallon ranging from $2.75 to $2.90. The company has adjusted its total revenue growth guidance to fall within the upper half of the previously forecasted 11-14% range, and it expects an operating margin of around 13% for the third quarter.
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