Delta Air Lines Forecasts Strong Earnings Despite Tech Glitch
Company Announcements

Delta Air Lines Forecasts Strong Earnings Despite Tech Glitch

Delta Air Lines ( (DAL) ) has shared an announcement.

Delta Air Lines is set to participate in an upcoming conference, issuing an Investor Update with positive news on operational performance and revenue trends. Despite a recent technology outage impacting earnings, the company expects to meet high-end quarterly earnings guidance and maintain or exceed annual earnings expectations. Factors contributing to this outlook include strong demand, moderate capacity growth, unit revenue growth in key markets, and lower than anticipated fuel costs. Delta also benefited from a gain on the partial sale of its stake in CLEAR Secure, Inc.

For an in-depth examination of DAL stock, go to TipRanks’ Stock Analysis page.

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