Delta Sees Q4 Revenue Up About 20% Despite Soft EPS Outlook After Record Q3 Sales

Seeking Alpha··US·Read original
3▲0 ▼0Impact / 5
Summary · why it matters

Delta Air Lines is guiding for fourth-quarter revenue to rise roughly 20% even as its earnings-per-share outlook comes in soft, following record third-quarter sales. The carrier reported third-quarter non-GAAP EPS of $1.72, missing estimates by $0.04, while revenue of $20.2B beat expectations by $1.28B. The results and guidance were reported by Seeking Alpha.

Impact on assets 1

Industrials▲
Delta Air Lines Inc
DAL
± MixedCapitalrelevance

Q4 revenue guided up ~20% and record Q3 sales, but Q3 EPS missed estimates and Q4 EPS outlook is soft.

Off-coverage companies 1

Seeking Alphai
Private± Mixedrelevance