Company news: Delta Air Lines (DAL) quarterly results top analysts’ estimates

Delta Air Lines (DAL) reported Q1 FY2024 earnings of $0.45 per share (versus $0.25 per share in Q1 FY2023), beating analysts’ consensus estimate of $0.36 per share.

The company’s quarterly revenues amounted to $13.748 bln (+7.8% y/y), strongly beating analysts’ consensus estimate of $12.515 bln.

The company also reaffirmed its FY2024 EPS guidance of $6.00-7.00 versus analysts’ consensus estimate of $6.45.

DAL rose to $49.50 (+4.61%) in pre-market trading.