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Delta Ups Profit Outlook After Corporate Travel Roars Back
Benzinga· 2025-10-09 17:15
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 ...
Delta takes flight after strong Q3
CNBC Television· 2025-10-09 14:05
kind of thing. And Andreessen is, you know, that's been his brand for a long time. >> So all right, let's move on to one of the movers today. Of course, Delta one of the bigger gainers on the S&P.You can see up over 8% at least when we get started with trading about 19 minutes from now, results in guidance exceeded what most analysts had been expecting. Phil LeBeau is in Atlanta, and he has spoken with Delta's CEO Phil David. >> When you look at the results for Delta in the third quarter, this is everything ...
Delta takes flight after strong Q3
Youtube· 2025-10-09 14:05
Let's move on to one of the uh movers today. Of course, Delta uh one of the bigger gainers in fact on the S&P. You can see up over 8% at least when we get started with trading about 19 minutes from now.Results and guidance exceeded what most analysts had been expecting. Phil Leau is in Atlanta and he has spoken with Delta CEO. Phil >> David, when you look at the results for Delta in the third quarter, this is everything Ed Bastian would want in a quarter in terms of results.They beat on the top and the bott ...
Delta Air Lines CEO Ed Bastian: Q3 results represent about 60% of overall industry profits
CNBC Television· 2025-10-09 12:10
Good morning, Joe. Ed, >> Phil, >> congratulations on a quarter where you beat on the top of the bottom line. Um, what what's the change because I think there was some uncertainty after Q2 and certainly after Q1.What's changed in Q3 in terms of what you're seeing with the customer. >> Well, first and foremost, a big shout out to our team. They did an amazing job in the quarter.Really strong results. Very proud of the work they did. We continue to lead the industry.In fact, our results for Q3, we believe wil ...
Delta’s profit forecast tops estimates, buoyed by higher fares and resilient luxury demand
CNBC Television· 2025-10-09 11:07
Right. Delta Airlines out with third quarter results and Phil Labau joins us now with more. Hey Phil. Hey Joe.This is a beat on the top and the bottom line by Delta. The company earning a buck 71 in the third quarter. The street was expecting a buck 53.Revenue stronger than expected at 15.2% billion. The street was expecting revenue just over 15 billion. Now the numbers within the numbers for the third quarter for Delta.Revenue per seat mile up 3/10en of 1% compared to last year. Same with cost per seat mil ...
Tourism hit hard by government shutdown: Here's what to know
CNBC Television· 2025-10-02 14:19
There's a lot at stake for the travel industry in the wake of the government shutdown. Contessa Brewer is here to explain. And >> in fact, US Travel, which represents the travel industry, is keeping this kind of running tally on what the government shutdown costs the industry.And if we take a look at it right now, we can pull it up and see it's just building on itself. We're almost up to $200 million since the government shut down. But their forecast is a billion bucks a week lost for every week that the fe ...
Alaska Airlines CEO Ben Minicucci: Second half of the year will be 'way better' than first half
CNBC Television· 2025-07-24 19:45
you know, it's hard to say what happened today. Um, you know, again, I I see Kelly, I see a better second half than than than the first half of the year, you know. So, if you look at, you know, industry capacity, there's a better backdrop for industry capacity.If you look for us for corporate travel in the last two weeks, we've seen a significant jump in corporate travel. Uh, we're seeing better bookings, we're seeing better yields. So, you know, from our perspective, the second half is going to be way bett ...