Business
Delta Beats Profit Estimates. Why the Stock Is Falling.
[ad_1]
Delta Air Lines
beat earnings estimates in the fourth quarter as air travel demand remained strong but the stock fell in early trading Friday as the carrier’s first quarter guidance disappointed.
The airline (ticker: DAL) reported adjusted earnings per share of $1.48 in the fourth quarter, and revenue of $12.3 billion, an 8% increase on the same period in 2019.
[ad_2]
