Delta Air Lines (DAL) Tops Q4 EPS by 9c, Guides Q1 EPS Below Views, Lifts FY18 Guidance on Tax Reform

Delta Air Lines (NYSE: DAL) reported Q4 EPS of $0.96, $0.09 better than the analyst estimate of $0.87. Revenue for the quarter came in at $10.2 billion versus the consensus estimate of $10.1 billion.

"Delta people rose to the challenges of 2017 to produce solid financial results, industry leading operational reliability and strong improvements in customer satisfaction, and it's an honor to recognize their achievements with $1.1 billion in profit sharing," said Ed Bastian, Delta's chief executive officer. "Looking ahead to 2018, we expect to drive solid earnings growth by growing our top line 4 to 6 percent, improving our cost trajectory and integrating our international partner network. As a result, we are able to increase our previous full-year guidance to $6.35 to $6.70 per share due to additional benefits from tax reform."

GUIDANCE:

Delta Air Lines sees Q1 2018 EPS of $0.60-$0.80, versus the consensus of $0.82.

(Updated)

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