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Delta Air Lines Expects Strong Revenue Growth in 2024

Delta Air Lines Expects Strong Revenue Growth in 2024

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Delta Air Lines (DAL) just unveiled an update.

Delta Air Lines maintains a positive outlook for 2024, as presented at the J.P. Morgan Industrials Conference, with anticipated total revenue growth in the higher range for the first quarter and projected year-over-year increases. The company forecasts earnings per share between $6 and $7, an operating margin around 5%, and free cash flow of $3 to $4 billion for the fiscal year. Delta’s adjusted projections account for non-core items like third-party refinery sales and mark-to-market investment adjustments, providing investors with a clearer view of the company’s core airline operations.

For an in-depth examination of DAL stock, go to TipRanks’ Stock Analysis page.

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