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Jun 30, 2023
Delta Q2 2023 Earnings Report
Delta achieved record quarterly revenue and profitability, driven by strong consumer demand and operational performance.
Key Takeaways
Delta Air Lines reported record revenue and profitability for the June quarter, driven by robust consumer demand and strong operational performance. The company is increasing its full-year earnings guidance and reiterating its free cash flow outlook.
Delivered highest quarterly revenue and profitability in Delta’s history.
Strong June quarter operating cash flow enabled accelerated debt reduction.
Expect record September quarter revenue, mid-teens operating margin and EPS of $2.20 - $2.50.
Raising full year EPS outlook to $6 - $7 and reiterating free cash flow guide of $3 billion.
Delta
Delta
Forward Guidance
Delta expects record September quarter revenue, mid-teens operating margin and EPS of $2.20 - $2.50. Raising full year EPS outlook to $6 - $7 and reiterating free cash flow guide of $3 billion
Positive Outlook
- Expect record September quarter revenue
- Expect mid-teens operating margin
- Expect EPS of $2.20 - $2.50
- Raising full year EPS outlook to $6 - $7
- Reiterating free cash flow guide of $3 billion