Delta Air Lines beats Q4 expectations, shares edge higher
Investing.com -- Delta Air Lines reported fourth-quarter earnings that surpassed analyst estimates, driven by strong travel demand and operational performance. The airline's shares rose 1.5% in premarket trading following the results.
The carrier saw an acceleration in demand through the quarter, with November and December delivering four of the top ten revenue days in company history. Double-digit growth in cash bookings was driven by both leisure and corporate travelers. For the first quarter of 2025, Delta expects earnings per share between $0.70 and $1.00, compared to analyst estimates of $0.77. The company forecasts Q1 revenue growth of 7% to 9% YoY.
"As we move into 2025, we expect strong demand for travel to continue, with consumers increasingly seeking the premium products and experiences that Delta provides," Bastian added.
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