other material
confidence high
sentiment positive
materiality 0.60
Delta reaffirms FY24 and Q1 2024 guidance; sees Q1 revenue growth in top half of range
DELTA AIR LINES, INC.
- FY24 EPS guidance unchanged at $6-$7; free cash flow $3-4B; adjusted debt/EBITDAR 2x-3x.
- 1Q24 total revenue forecast up 3%-6% YoY; operating margin ~5%; EPS $0.25-$0.50.
- Management expects Q1 year-over-year total revenue growth in the top half of the initial guidance range.
- Presentation at J.P. Morgan Industrials Conference on March 12, 2024.