Delta Air Lines anticipates a stellar financial performance in 2025, with CEO Ed Bastian predicting it to be the airline’s best year ever. The company expects to generate over $4 billion in free cash this year, an 18% increase from 2024. For the full year, Delta forecasts adjusted earnings of more than $7.35 per share. In the first quarter, Delta projects revenue growth of 7% to 9%, surpassing the 5% growth analysts had predicted. Earnings per share are expected to be between 70 cents and $1, slightly above Wall Street’s estimates. In the last three months of the previous year, Delta’s revenue rose 9% to $15.6 billion, while profit fell 59% to $843 million due to a 7% increase in expenses. Despite this, Delta outperformed expectations with adjusted per-share earnings of $1.85 on adjusted revenue of $14.44 billion. The airline’s partnership with American Express brought in $2 billion in the fourth quarter, up 14% from the previous year. Revenue from premium seats increased by 8% to $5.2 billion, compared to a 2% rise in main cabin ticket revenue to about $6 billion. Delta’s shares have risen over 45% in the past year, reflecting strong market confidence.
Source: www.cnbc.com
