secwatch.observer — SEC 8-K summary
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Issuer:     DELTA AIR LINES, INC. (DAL)
CIK:        0000027904
Form:       8-K
Filed at:   2023-09-14T23:59:59+00:00
Accession:  0001683168-23-006400
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Delta Air Lines lowers Sep Q EPS guidance to $1.85-$2.05; reaffirms FY23 EPS $6-$7
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- Sep Q EPS guidance cut to $1.85-$2.05 from $2.20-$2.50; full-year EPS reaffirmed $6-$7.
- Fuel price per gallon guidance raised to $2.75-$2.90 from $2.50-$2.70.
- Non-fuel unit costs (CASM-Ex) expected up 1%-2% vs prior down 1%-3% on higher maintenance.
- Operating margin now ~13% (prior mid-teens); TRASM narrowed to down 2%-3% (improved).
- Revenue growth still in upper half of 11%-14% YoY; ASMs unchanged up 16%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/27904/000168316823006400/0001683168-23-006400-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/27904/000168316823006400/delta_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-006400

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