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Delta maintained Q1 EPS guidance of $0.50–$0.90 despite a $400M fuel cost hit from the Iran war, citing strong travel demand across all cabin classes. Revenue growth is tracking up to 7%, bookings surged 25% YoY, and shares jumped 5% in premarket trading.

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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Delta Airlines said Tuesday it is maintaining first quarter profit guidance of 50 cents to
00:0790 cents per share while raising revenue expectations as strong travel demand offsets
00:12higher jet fuel costs tied to the war in Iran. CEO Ed Bastian said the company has taken a $400
00:18million hit so far for the fourth quarter but expects results to remain within guidance due
00:23to higher revenue and demand. The airline previously forecast sales growth of up to 7%
00:28for the quarter. Delta said revenue strength spans main cabin premium and loyalty segments with unit
00:35revenues rising in the mid single digits year over year. Bookings are up 25% year over year
00:40and shares rose 5% in pre-market trading. For all things money visit benzinga.com
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