Delta Air Lines Earnings Fall Short by $0.02, Revenue Below Estimates

Delta Air Lines (NYSE: DAL) has announced its third quarter earnings per share (EPS) at $1.50, which falls short of the analyst estimate of $1.52 by $0.02. The company’s revenue for the quarter reached $14.59 billion, slightly below the consensus estimate of $14.64 billion.

Guidance

For the fourth quarter of 2024, Delta Air Lines projects an EPS range of $1.60 to $1.85, compared to the analyst consensus of $1.71.

Delta Air Lines’ stock closed at $50.98, reflecting an increase of 16.87% over the past three months and a significant rise of 41.69% over the past year.

In the last 90 days, the company has experienced no positive EPS revisions and 15 negative revisions.

According to recent evaluations, Delta Air Lines holds a "great performance" score for its financial health.

For the latest earnings reports and financial updates, keep an eye on upcoming announcements.