Delta Air Lines Announces September Quarter Profit
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October 14, 2016 7:13 AM EDT
Imperial Capital reiterated an In-Line rating on Delta Air Lines (NYSE: DAL), and raised the price target to $44.00 (from $41.00), after adjusting estimates following the company's 3Q earnings report. Imperial now estimates FY17 PRASM will decline by (0.5%) versus (1.5%) previously. EPS estimates have been lowered to $1.10 from $1.35.... More
October 13, 2016 7:03 AM EDT
Delta Air Lines (NYSE: DAL) reported Q3 EPS of $1.70, $0.05 better than the analyst estimate of $1.65. Revenue for the quarter came in at $10.48 billion, versus $11.11 billion reported last year.
"Delta's resiliency stood out this quarter as we worked through the outage, continued revenue headwinds, and volatile fuel prices to produce the industry's best operational reliability and service for our customers along... More
