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Delta Air Lines sees Q4 EPS $1.60-$1.90, consensus $1.68

Sees Q4 revenue up 2%-4%. Sees Q4 operating margin 10.5%-12%. “Delta generated record September quarter revenue of $15.2 billion, up 4.1 percent year-over-year, reflecting the strength of our diverse, high margin revenue streams and improving Domestic fundamentals. Over the last 6 weeks, sales trends have accelerated across all geographies and in every advance purchase window, positioning Delta to finish the year with momentum. For the December quarter, we expect total revenue growth of 2 percent to 4 percent over last year’s record performance, with healthy sequential unit revenue improvement driven by continued Domestic strength and meaningful improvement in Transatlantic unit revenue,” said Glen Hauenstein, Delta’s president.

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