Delta Airlines cuts first quarter profit forecast on increased macroeconomic uncertainty
ReutersMar 10, 2025 8:34 PM
CHICAGO, March 10 (Reuters) - Delta Air Lines DAL.N on Monday cut its profit estimates for the current quarter through March, citing increased macroeconomic uncertainty.
The Atlanta-based company said it now expects a profit in the range of 30 cents-50 cents a share, compared with 70 cents and $1 a share estimated in January.
Analysts on average expected the company to report a quarterly profit of 86 cents per share, according to data compiled by LSEG.
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