Delta Air Lines (DAL) Tops Q3 EPS by 5c
Delta Air Lines (NYSE: DAL) reported Q3 EPS of $1.57, $0.05 better than the analyst estimate of $1.52. Revenue for the quarter came in at $11.06 billion versus the consensus estimate of $11.03 billion.
December 2017 Quarter Guidance
For the December quarter, Delta is expecting continued pressure on margins as its unit revenue momentum catches up to the rise in fuel prices that began in July.
4Q17 Forecast | |
Operating margin | 11% - 13% |
Fuel price, including taxes and refinery impact | $1.82 - $1.87 |
Compared to 4Q16 | |
Passenger unit revenue | Up 2% - 4% |
CASM-Ex, including profit sharing | |
As reported2 | Down 1% - flat |
Normalized3 | Up 4% - 5% |
System Capacity | Up ~ 2% |
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For earnings history and earnings-related data on Delta Air Lines (DAL) click here.