Delta Airlines: raises targets

(CercleFinance.com) - Delta Airlines has raised its adjusted EPS guidance for the current quarter to $1.
35 to $1.40 (from $1 to $1.25), with sales growth now expected to reach 7%-8% (from 5%-9%), demand remains strong.

The Atlanta-based airline expects FY adjusted EPS of 3.07 to 3.12 dollars and revenue of 45.5 to 45.6 billion dollars.

Delta has also announced a 2023 target of nearly doubling adjusted EPS to between five and six dollars, with sales increasing 15% to 20%. Finally, it says it is on track to meet its 2024 adjusted EPS target of over 7 dollars.


Copyright (c) 2022 CercleFinance.com. All rights reserved.