Delta’s Profit Beat Forecasts. Here’s What Wall Street Didn’t Like.
U.S. air carrier (DAL) reported its third-quarter results, turning in earning that were a nickel higher per share higher than Wall Street expected, but management’s profit forecast for the current quarter was less upbeat than anticipated. Wall Street was looking for $2.26 and $12.6 billion, respectively. The bad news is that Delta expects to earn about $1.35 a share in the fourth quarter.
Published:10/10/2019 8:58:39 AM