Delta Air Lines (NYSE:DAL) reported Q1 EPS of $1.23, $0.04 worse than the analyst estimate of $1.27. Revenue for the quarter came in at $8.2 billion versus the consensus estimate of $8.92 billion.
June Quarter 2022 Outlook
2Q22 Forecast |
|
Capacity 1 |
~84% |
Total Revenue 1, 2 |
93% - 97% |
CASM-Ex 1, 2 |
Up ~17% |
Fuel Price ($/gal) 2, 3 |
$3.20 - $3.35 |
Operating Margin 2 |
12% - 14% |
Gross Capital Expenditures 2 |
~$1.2 billion |
Adjusted Net Debt 2 |
~$20 billion |
1 Compared to June quarter 2019 |
2 Non-GAAP measure; Refer to Non-GAAP reconciliations for 2Q19 comparison figures |
3 Fuel guidance based on prices as of April 8th (Brent at $102, cracks at $30, $0.20 refinery contribution with RINS at $1.27) |
For earnings history and earnings-related data on Delta Air Lines, click here.