(Telestock) – Delta Air Linesone of the major airlines in the United States, closed the second quarter of the year with operating revenues adjusted $15.4 billion, up 5.4% from the June 2023 quarter, a operating profit adjusted for $2.3 billion with an operating margin of 14.7%, and a earning per share adjusted $2.36, down 12% from the same period last year.
“For the September quarter, we expect double-digit operating margin and pre-tax income of approximately $1.5 billion,” he said. Ed Bastian, CEO from Delta – With strong first half results and visibility into the second half, we remain confident in our full-year outlook.”
The company confirmed the forecast of a profit of 6-7 dollars per share in 2024 with free cash flow of $3-4 billion.
Delta forecast adjusted earnings per share of $1.70-$2.00 in quarter to Septemberversus analysts’ expectations of $2.05 per share, according to LSEG data.