Delta Airlines: outstrips EPS target

(CercleFinance.com) - Delta Airlines has reported Q4 2022 adjusted EPS of $1.
48, exceeding its target range (raised to $1.35-1.40 in mid-December), with an adjusted operating margin of 11.6%.

The Atlanta-based airline's adjusted operating revenue of 12.3 billion dollars, beating its Q4 2019 figure, the last full quarter before the Covid pandemic, by 8%.

Posting adjusted EPS of $3.20 and revenue of 45.6 billion dollars for the year to date, compared to respective target ranges of $3.07-3.12 and 45.5-45.6 billion dollars, Delta has confirmed its targets for FY 2023 and 2024.


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