Delta Beats Expectations As Premium Travel Demand Drives Strong Quarterly Results

Benzinga

Delta reported Q3 revenue of $16.67B, up 6%, with earnings of $2.17 per share beating estimates. CEO Ed Bastian said strong premium and corporate demand positions Delta for its best fourth quarter ever.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02Delta Airlines reported strong third-quarter results with revenue rising 6% year-over-year

00:06to $16.67 billion, beating Wall Street expectations according to The Wall Street Journal.

00:11Companies said premium cabin, corporate, and loyalty program demand fueled the gains,

00:16helping earnings jump more than 10% to $1.42 billion, or $2.17 per share.

00:21Delta's quarterly earnings rose over 10% to $1.42 billion, or $2.17 per share.

00:27The adjusted earnings of $1.71 per share, beating analyst estimates according to FactSet.

00:32CEO Agbashian said demand from affluent travelers remains robust,

00:36predicting the best fourth-quarter performance in company history

00:38as travel rebounds from earlier weakness caused by tariffs and geopolitical uncertainty.

00:43For all things money, visit Benzinga.com.

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