Delta Air Lines (DAL) Tops Q3 EPS by 13c, Offers Outlook

October 13, 2021 7:26 AM EDT

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Delta Air Lines (NYSE: DAL) reported Q3 EPS of $0.30, $0.13 better than the analyst estimate of $0.17. Revenue for the quarter came in at $9.15 billion versus the consensus estimate of $8.39 billion.

December Quarter 2021 Outlook:

4Q21 Forecast

Capacity 1

80% restored

Total Revenue 1, 2

Recovered to low 70s percentage

Fuel Price ($/gal) 2, 3

$2.25 - $2.40

CASM-Ex 1, 2

Up 6% - 8%

Capital Expenditures 2

~$1.2 billion

Adjusted Net Debt 2

~$22 billion

1 Compared to December quarter 2019

2 Non-GAAP measure

3 Fuel guidance based on prices as of October 11 (Brent at $83, cracks at $13, Monroe profit with RINS at $1.30)

For earnings history and earnings-related data on Delta Air Lines (DAL) click here.



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