Delta Air affirms financial outlook for Q4 and full-year

  • Delta Air Lines backs Q4 and full-year guidance
  • Fourth-quarter EPS expected to be $1.05 to $1.30
  • Revenue growth expected to be 9% to 12%
  • Full-year EPS expected to range from $6.00 to $6.25
  • Revenue expected to grow about 20%
  • Stock has gained 14.5% in the year to date

Delta Air Lines has announced that it is backing its guidance for the fourth quarter and full-year. The airline expects fourth-quarter EPS to be between $1.05 and $1.30, with revenue growth projected to be between 9% and 12%. For the full year, Delta Air anticipates EPS to range from $6.00 to $6.25, with revenue expected to grow by approximately 20%. This reaffirmation of guidance comes ahead of a presentation at the Morgan Stanley Global Consumer & Retail Conference. Delta Air’s stock has performed well, gaining 14.5% year-to-date, outperforming the S&P 500’s gain of 19%.

Public Companies: Delta Air Lines Inc. (DAL), S&P 500 (SPX)
Private Companies:
Key People:

Track all markets on TradingView

Factuality Level: 8
Justification: The article provides factual information about Delta Air Lines’ guidance for the fourth quarter and full-year, including EPS and revenue growth expectations. The information is supported by previous guidance provided by the company. There are no digressions, irrelevant information, or bias present in the article.

Noise Level: 8
Justification: The article provides information on Delta Air Lines’ guidance for the fourth quarter and full-year, which is relevant to investors. However, it lacks in-depth analysis, scientific rigor, and intellectual honesty. It also does not provide any actionable insights or solutions. The article stays on topic and supports its claims with the provided guidance from Delta Air Lines.

Financial Relevance: Yes
Financial Markets Impacted: Delta Air Lines Inc. and the airline industry

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article pertains to financial topics as it provides information about Delta Air Lines’ guidance for the fourth quarter and full-year. There is no mention of any extreme event.

Reported publicly: www.marketwatch.com