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