Categories AlphaGraphs, Earnings, Industrials

DAL Earnings: All you need to know about Delta Air Lines Q3 2022 earnings results

Delta Air Lines (NYSE:DAL) reported third quarter 2022 earnings results today.

Operating revenue increased 11% to $14 billion compared to the same period in 2019.

GAAP net income decreased 54% to $695 million, or $1.08 per share, compared to Q3 2019. Adjusted EPS declined 35% to $1.51 versus Q3 2019.

While the top line beat expectations, the bottom line fell short of estimates.

For the fourth quarter of 2022, revenue is expected to be up 5-9% compared to the same period in 2019. Adjusted EPS is expected to be $1.00-1.25.

Delta’s shares rose 3% in premarket hours.

Prior performance

Delta Air Lines Q2 2022 Earnings Infographic

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

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