Delta Air Lines Stock Surges On Record Q3 Revenues, Solid Year-End Travel Outlook

Published by
The Street

By Martin Baccardax “The travel recovery continues as consumer spend shifts to experiences and demand improves in corporate and international,” said CEO Ed Bastian. Updated at 6:49 am EST Delta Air Lines (DAL) – Get Delta Air Lines Inc. Report posted modestly weaker-than-expected third quarter earnings Thursday, thanks in part to $35 million hit from Hurricane Ian, but forecast robust gains over the final months of the year amid an ongoing surge in domestic travel demand. Delta said adjusted earnings for the three months ending in September were pegged at $1.51 per share, up from just 30 cents…

Read More

See also  Wall Street closes lower as the Fed pounds rate hike drum

Leave a Reply