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Delta Air Lines says higher fuel prices obscured solid travel demand and prompted a reduction to its full-year profit projection. The company reported adjusted sales of $17.6 billion in the third quarter.
Delta Air Lines (NYSE: DAL ) held its third-quarter earnings conference call on Friday. Below is the complete transcript from the call. This content is powered APIs. For comprehensive financial data and transcripts, visit The full earnings call is available at Summary Full Transcript Matthew, Operator Good morning, eve
Delta Air Lines reported adjusted third-quarter EPS of $1.72 versus FactSet estimates of $1.77 and lowered full-year EPS guidance to $5.10 to $5.60 from $6.50 to $7.50. The company said fuel expenses jumped 62% in the quarter and expects $4.25-a-gallon jet fuel in the fourth quarter.