(Finance) – Delta Air Linesa major airline in the United States, reported adjusted operating revenue, closed the third quarter of 2023 with operating revenues of 15.5 billion dollars (+11% compared to the same period of 2022), Net income of 1.1 billion dollars (+59%) e earning per share of 1.72 dollars (vs. 1.08 dollars a year ago). Adjusted earnings were $2.03 per share, higher than analysts’ expectations of $1.95.
“Thanks to the exceptional work of our entire team, Delta has registered record revenues for the September quarter and a double-digit operating margin – said the CEO Ed Bastian – Our operational reliability continues to strengthen, thanks to our people, and I am pleased to recognize their exceptional efforts with more than $1 billion accumulated year-to-date in profit sharing”, , CEO of Delta”.
“Our differentiated position supports our expectations for full-year revenue growth of 20% versus 2022 and pre-tax earnings of more than $5 billion, nearly double the prior year’s earnings,” he added.
Delta Air Lines predicts now adjusted earnings of $6-$6.25 per share in theentire exercisecompared to the 6-7 dollars per share estimated in July, due to the increase in fuel costs.