Delta Airlines: annual EPS at top of target range

(CercleFinance.com) - Delta Airlines reports Q4 2023 adjusted EPS of $1.
28, bringing its FY EPS to $6.25, at the upper end of its target range of $6 to $6.25, as set three months ago.

In Q4, the Atlanta-based airline posted an adjusted operating profit of $1.33bn, a margin of 9.7%, on operating revenues up 11% to $13.7bn.

Looking to 2024, Delta anticipates continued strong demand for air travel, with EPS of $6 to $7 this year, and FCF of £3bn to $4bn (compared with $2bn in 2023).


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