logo
Plus   Neg
Share
Email

Delta Air Lines Backs FY20 EPS Outlook - Quick Facts

While reporting financial results for the fourth quarter on Wednesday, Delta Air Lines (DAL) maintained its earnings guidance for the full-year 2020 and provided revenue growth outlook for the first quarter of fiscal 2020.

For fiscal 2020, the company continues to project earnings in a range of $6.75 to $7.75 per share. On average, analysts polled by Thomson Reuters expect the company to report earnings of $7.21 per share for the year. Analysts' estimates typically exclude special items.

The company also provided 5 to 7 percent revenue growth guidance for the first quarter of fiscal 2020, while the Street expects revenues to grow 6.5 percent to $11.09 billion for the quarter.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
J. M. Smucker Co. is recalling certain Natural Balance canned cat food, citing health concerns likely associated with increased levels of choline chloride, an animal growth promotant, the U.S. Food and Drug Administration said in a statement. The recall was initiated after receiving reports of adverse reactions. Polaris Industries Inc. is recalling certain Ranger and General Utility, as well as All-Terrain vehicles citing risks of crash, the U.S. Consumer Product Safety Commission said in a statement. The Medina, Minnesota-based company has called back about 26,730 units of Model Year 2019 - 2020 Ranger XP 1000 & Model Year 2020 General XP 1000 Utility vehicles. Gilead Sciences Inc. (GILD) said Friday that the European Commission has granted conditional marketing authorization for Veklury or remdesivir as a treatment for SARS-CoV-2 infection, the virus that causes COVID-19.
Follow RTT