Delta Ups Profit Outlook After Corporate Travel Roars Back
Delta Air Lines (NYSE:DAL) stock soared in early trading after posting stronger-than-expected third-quarter earnings, driven by rising revenue and robust corporate travel, prompting the airline to lift its full-year profit outlook and signal continued momentum into the fourth quarter.Goldman Sachs analyst Catherine O’Brien gave a positive review of Delta Air Lines’ third-quarter results, noting that the company’s adjusted EPS of $1.71 exceeded the FactSet consensus of $1.53 and Goldman Sachs’ estimate of $1 ...