secwatch.observer — SEC 8-K summary
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Issuer:     DELTA AIR LINES, INC. (DAL)
CIK:        0000027904
Form:       8-K
Filed at:   2024-01-12T23:59:59+00:00
Accession:  0001683168-24-000244
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Delta Q4 adj EPS $1.28, FY23 adj EPS $6.25; guides FY24 EPS $6-$7; orders 20 A350-1000
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- Q4 adjusted EPS $1.28 vs $1.48 a year ago; revenue $13.7B up 11% YoY.
- Full year 2023 adjusted EPS $6.25, revenue $54.7B up 20%; operating margin 11.6%.
- March Q 2024 guidance: revenue up 3-6% YoY, operating margin ~5%, EPS $0.25-$0.50.
- Full year 2024 EPS guidance $6-$7, free cash flow $3-$4B, leverage target 2x-3x.
- Enters agreement to purchase 20 Airbus A350-1000 (options for 20), deliveries from 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/27904/000168316824000244/0001683168-24-000244-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/27904/000168316824000244/delta_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-24-000244

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer