Delta Air Lines, Inc. (NYSE:DAL) Expects 4Q19 Earnings Below Street View

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Delta Air Lines, Inc. (NYSE:DAL) revealed income for the third quarter of $ 1495.00 million or $ 2.31 per share, from the operating revenue of $ 12560.00 million, On adjusted basis, DAL reported Non-GAAP net income for the quarter of $ 1506.00 million or $ 2.32 per share. According to street consensus, DAL was expected to report 3Q19 income of $ 2.26 per share from operating revenue of $ 12601.30 million.

For the next quarter, Delta expects to deliver solid top-line growth and operating margin expansion.

The quarterly report cited earnings projection for 4Q19 in a range from $ 1.20 to $ 1.50 per share

Wall street analysts expected 4Q19 income of $ 1.51 per share on revenue of $ 11291.20 million.

Analysts estimates are from Thomson Reuters, exclude one time gain or loss.

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