US Stock Market Move | Fourth quarter performance and prospects exceeded expectations. Delta Air Lines, Inc. (DAL.US) rose more than 7% in pre-market trading.
On Friday, Delta Air Lines (DAL.US) rose over 7% in pre-market trading, reaching $65.89.
On Friday, Delta Air Lines, Inc. (DAL.US) rose more than 7% in pre-market trading to $65.89. In terms of news, the company stated that it expects adjusted earnings per share for the current quarter (2025Q1) to be between $0.70 and $1.00, and also included the financial performance for the fourth quarter of 2024 in the statement. In comparison, the average earnings per share outlook compiled by Bloomberg's Wall Street analysts is $0.76. The airline company announced that sales for this quarter are expected to increase by 9% compared to the same period last year, while analysts generally forecast a growth of 5.75%. Delta Air Lines, Inc. CEO Ed Bastian stated in an interview, "We are very optimistic about the financial performance in the first quarter and spring."
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