Your current location is:{Current column} >>Text
Delta soars to record quarterly earnings, lifts guidance By
{Current column}698People have watched
Introduction-- Delta (NYSE:) has reported its best-ever quarterly revenue and earnings as a sharp post-pandemic ...
-- Delta (NYSE:) has reported its best-ever quarterly revenue and atfx platform official websiteearnings as a sharp post-pandemic rebound in travel demand flew in the face of economic growth concerns.
The U.S. carrier posted adjusted (EPS) of $2.68, rising from $1.44 in the corresponding period last year and beating expectations of $2.41.
Total revenues increased 19% annually to $14.61 billion, which the company said was a reflection of the "strength of the demand environment" both in the U.S. and internationally. Analysts polled by Bloomberg saw the figure coming in at $14.44B.
"Robust demand is continuing into the September quarter where we expect total revenue to be similar to the June quarter," said Delta President Glen Hauenstein in a statement.
Non-fuel unit costs are also expected to decline 1% to 3% year-over-year in the third quarter. Delta noted that this was consistent with its outlook for low-single-digit declines in the second half of 2023.
The company subsequently improved its guidance for annual EPS to a range of $6 to $7 a share, up from its prior forecast of $5 to $6.
Shares in Delta jumped in premarket U.S. trading on Thursday.
Statement: The content of this article does not represent the views of FTI website. The content is for reference only and does not constitute investment suggestions. Investment is risky, so you should be careful in your choice! If it involves content, copyright and other issues, please contact us and we will make adjustments at the first time!Tags:
Related articles
6 analyst picks of the day: Walmart stock pops, Fluence upped to Buy
{Current column}By Davit Kirakosyan-- Here is your daily Pro Recap of the biggest analyst picks you may have missed ...
Read moreWhat Should You Know About OAFX? Is It Legit or a Scam?
{Current column}When exploring emerging investment and financial management platforms, it is crucial to understand t ...
Read moreWhat is AC Capital's platform and what's the latest AC Capital review?
{Current column}AC Capital Market is an online trading platform that offers a wide range of financial services inclu ...
Read more
Popular Articles
- Trump's lawyer calls civil rape case an affront to justice system By Reuters
- How about FXTM foreign exchange platform? Newbie must see the detailed introduction
- Doo Prime: the forex investment platform you can't afford to miss!
- What Should You Know About FxPro? Is It Legit or a Scam?
- Reaction to former President Donald Trump's indictment By Reuters
- Is AquaFunded a legit or a scam? AquaFunded Review
Latest articles
-
U.S. crude stocks down 6.8M barrels last week
-
欧元/日元跌破162.00,避险需求推动日元在贸易不确定性中上涨
-
What Should You Know About Moneta Markets? Is It Legit or a Scam?
-
Is HorseForex a Reputable Forex Company? An Overview
-
Warren Buffett says Berkshire not planning to buy Occidental Petroleum By Reuters
-
Is primax a legit or a scam? primax Review