Delta Air Lines Earnings Exceed Expectations by $0.45, Revenue Surpasses Estimates

Delta Air Lines recently announced its third-quarter earnings, reporting an earnings per share (EPS) of $1.97, which exceeds analysts’ expectations of $1.52 by $0.45. The company’s revenue for the quarter reached $15.68 billion, surpassing the consensus estimate of $14.64 billion.

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

The current stock price of Delta Air Lines is $50.98, reflecting a 16.87% increase over the past three months and a 41.69% rise over the last twelve months.

In terms of earnings revisions, Delta Air Lines experienced 0 positive revisions and 15 negative revisions in the last 90 days.

According to financial assessments, Delta Air Lines is rated with a “great performance” score for its financial health.

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