2023-04-13 06:33:07 ET
- Delta Air Lines press release ( NYSE: DAL ): Q1 Non-GAAP EPS of $0.25 misses by $0.05 .
- Revenue of $12.8B (+36.9% Y/Y) beats by $550M .
- CEO comment: "For the June quarter, we expect to deliver record revenue, and an adjusted operating margin of 14 to 16 percent with earnings per share of $2.00 to $2.25."
- "With solid March quarter profitability and a strong outlook for the June quarter, we are confident in our full-year guidance for revenue growth of 15 to 20 percent year over year, earnings of $5 to $6 per share and free cash flow of over $2 billion."
- Glen Hauenstein, Delta's president said, "With record advance bookings for the summer, we expect June quarter revenue to be 15 to 17 percent higher on capacity growth of 17 percent year over year."
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Delta Air Lines Non-GAAP EPS of $0.25 misses by $0.05, revenue of $12.8B beats by $550M