Find public news by keyword, exact ticker, category and date.
Open a ticker page for its news coverage. The news search below stays a text search.
3 results loaded, newest first. End of these results. The latest changes are still being indexed. Try again shortly for updated results.
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.
Delta Air Lines lowered its full-year EPS guidance to $5.10 to $5.60 from $6.50 to $7.50 after reporting fuel costs were $500 million higher than July guidance.
Delta Air Lines is set to report earnings Friday, with analysts focused on whether higher jet-fuel prices and stronger airfares can keep offsetting rising costs. Wall Street expects third-quarter EPS of $1.81 on revenue of $17.7 billion.