Delta Air Lines forecast 2025 profit above Wall Street expectations on Friday, thanks to robust demand for premium travel and the industry’s improved pricing...
A Delta Airlines aircraft and an American Airlines aircraft wait to take off at DFW International Airport on Tuesday, Jan. 2, 2024forecast 2025 profit above Wall Street expectations on Friday, thanks to robust demand for premium travel and the industry’s improved pricing power, sending its shares up 8% in early trading.
Delta said it expects earnings in excess of $7.35 a share this year, the highest in its 100-year history, compared with analysts' expectation of $7.22 per share, according to LSEG data. The company reported an adjusted profit of $6.16 a share in 2024. Delta is not alone. Industry analysts are sanguine about U.S. airlines, crediting their capacity discipline, with J.P.Morgan analysts calling it a “new golden age” for the industry.
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