financetom
Business
financetom
/
Business
/
Delta Air Lines Cuts Q1 Guidance; Shares Fall After Hours
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Delta Air Lines Cuts Q1 Guidance; Shares Fall After Hours
Mar 10, 2025 2:14 PM

04:56 PM EDT, 03/10/2025 (MT Newswires) -- Delta Air Lines ( DAL ) cut Q1 guidance for earnings per share to $0.30 to $0.50 on revenue growth of 3% to 4%.

Analysts polled by FactSet expect Q1 EPS of $0.84.

"The outlook has been impacted by the recent reduction in consumer and corporate confidence caused by increased macro uncertainty, driving softness in domestic demand," the company said Monday in a regulatory filing. "Premium, international and loyalty revenue growth trends are consistent with expectations."

Previous EPS guidance was $0.70 to $1 on revenue growth of 7% to 9%.

The company's shares slumped 12% in recent after-hours trading.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
BRIEF-TIM Says Italy's Ministry Of Economy, Retelit Ask Extension To Dec 18 To Submit Offer For Sparkle
BRIEF-TIM Says Italy's Ministry Of Economy, Retelit Ask Extension To Dec 18 To Submit Offer For Sparkle
Dec 12, 2024
Dec 13 (Reuters) - KKR & Co Inc ( KKR ): * MINISTRY OF ECONOMY, RETELIT ASK EXTENSION TO DEC 18 TO SUBMIT OFFER ON TI SPARKLE Further company coverage: (Gdansk Newsroom) ...
Evonik to restructure business lines into two core segments
Evonik to restructure business lines into two core segments
Dec 12, 2024
Dec 13 (Reuters) - Germany's Evonik plans to restructure its business lines into two segments, it said on Friday. From April 1, the group will focus on its two core operating businesses: Custom Solutions and Advanced Technologies. Evonik's Custom Solutions segment includes additives for paints and coatings, as well as products for the cosmetics and pharmaceutical industries. Its Advanced Technologies...
Oil inches up, on course for first weekly gain in three
Oil inches up, on course for first weekly gain in three
Dec 12, 2024
SINGAPORE (Reuters) -Oil prices nudged upwards on Friday, heading for their first weekly rise since the end of November, as additional sanctions on Iran and Russia ratcheted up supply worries, while a surplus outlook weighed on markets. Brent crude futures edged up 5 cents to $73.46 a barrel by 0716 GMT, while U.S. West Texas Intermediate crude was up 8...
German exports fall more than expected in October
German exports fall more than expected in October
Dec 12, 2024
(Reuters) -German exports fell more than expected in October, an indication that the long-awaited recovery in external demand has been delayed. Exports fell by 2.8% compared with the previous month, data from the federal statistics office showed on Friday. The result went beyond the 2% decrease forecast in a Reuters poll. The foreign trade balance showed a surplus of 13.4...
Copyright 2023-2026 - www.financetom.com All Rights Reserved