Airline Stock Financial Reporting Season Begins Disappointed with Delta Lowering Full Year Profit Guidelines. Stock Prices of Sectors plummet collectively, from Wall Street to Lujiazui
胡胡胡美丽_ss
发表于 2024-1-15 12:03:37
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Delta Air Lines released its fourth quarter financial report, which showed adjusted revenue of $13.7 billion, a year-on-year increase of 11%; The net profit was 2.04 billion US dollars, more than double the same period last year's 828 million US dollars. Adjusted earnings per share were $1.28, both exceeding market expectations. However, Delta Air Lines has lowered its 2024 earnings forecast from over $7 per share to $6-7 per share. As a result, Delta Air Lines' stock price fell 8.97% to $38.47 last Friday, dragging down the entire aviation sector. Among them, United Airlines fell 10% and American Airlines fell 9%.
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Disclaimer: The views expressed in this article are those of the author only, this article does not represent the position of CandyLake.com, and does not constitute advice, please treat with caution.
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