Edition:
United Kingdom

Delta Air Lines Reports Quarterly Adjusted EPS Of $0.96


Wednesday, 10 Apr 2019 

April 10 (Reuters) - Delta Air Lines Inc ::QTRLY GAAP EARNINGS PER SHARE $1.09 ; QTRLY ADJUSTED EARNINGS PER SHARE $0.96.QTRLY TOTAL ADJUSTED REVENUE, WHICH EXCLUDES REFINERY SALES, GREW 7.5 PERCENT TO $10.4 BILLION.QTRLY TOTAL OPERATING REVENUE $10.47 BILLION VERSUS $9.97 BILLION.SEES Q2 EARNINGS PER SHARE OF $2.05 - $2.35.SEES Q2 PRE-TAX MARGIN 14% - 16%.SEES Q2 FUEL PRICE, INCLUDING TAXES AND REFINERY IMPACT $2.10 - $2.20.SEES Q2 TOTAL REVENUE, ADJUSTED UP 6% TO 8%.SEES Q2 SYSTEM CAPACITY UP 4% - 4.5%.SEES Q2 CASM - EX UP 1% - 2%.SEES Q2 TRASM, ADJUSTED UP 1.5% - 3.5%.SEES FY REVENUE GROWTH OF 5 TO 7 PERCENT.QTRLY TOTAL UNIT REVENUE, ADJUSTED, INCREASED 2.4 PERCENT.IN QUARTER, REPAID $300 MILLION OF SHORT-TERM LOAN & EXPECTS THAT REMAINDER WILL BE REPAID BY YEAR END.Q1 EARNINGS PER SHARE VIEW $0.90, REVENUE VIEW $10.42 BILLION -- REFINITIV IBES DATA."HAVE CLEAR LINE OF SIGHT" TO ACHIEVE FY TARGETS OF 1% NON-FUEL UNIT COST GROWTH & $3 BILLION TO $4 BILLION IN FREE CASH FLOW.FY2019 REVENUE VIEW $46.46 BILLION -- REFINITIV IBES DATA.Q2 EARNINGS PER SHARE VIEW $2.13, REVENUE VIEW $12.33 BILLION -- REFINITIV IBES DATA.