Delta Air Lines: beats consensus in Q4
(CercleFinance.com) - Delta Airlines posted EPS that is up 42% at 1.
30 dollar, exceeding the consensus by four cents, driven by 7.5% growth in operating revenue to 10.7 billion dollars.
The Atlanta-based airline has recorded adjusted EPS that is up 19% at 5.65 dollars for 2018, and says that it remains confident in its target range of 6 dollars to 7 dollars for FY 2019.
"We expect to drive double-digit earnings growth through higher revenues, maintaining a cost trajectory below inflation, and the modest benefit from lower fuel costs," said CEO Ed Bastian.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
30 dollar, exceeding the consensus by four cents, driven by 7.5% growth in operating revenue to 10.7 billion dollars.
The Atlanta-based airline has recorded adjusted EPS that is up 19% at 5.65 dollars for 2018, and says that it remains confident in its target range of 6 dollars to 7 dollars for FY 2019.
"We expect to drive double-digit earnings growth through higher revenues, maintaining a cost trajectory below inflation, and the modest benefit from lower fuel costs," said CEO Ed Bastian.
Copyright (c) 2019 CercleFinance.com. All rights reserved.