Delta Air Lines Wants To Protect Margins And Cash Flow Citing Economic Uncertainty, Does Not Reaffirm FY25 Outlook

Delta Air Lines, Inc. (NYSE:DAL) shares are trading higher premarket after the company reported better-than-expected first-quarter 2025 results.

Delta reported fourth-quarter operating revenue growth of 2% year-over-year to $14.04 billion, beating the consensus of $13.02 billion. Adjusted operating revenue was $12.98 billion (+3.3% YoY)

The adjusted average fuel price was $2.47 per gallon, down from $2.79 in last year’s quarter. Adjusted EPS was $0.46 (+2% YoY), beating the consensus of $0.38.

Related: Top Wall Street Forecasters Revamp Delta Air Lines Price Expectations Ahead Of Q1 Earnings

Total passenger revenue for the quarter grew 3% year over year to $11.48 billion; cargo revenue grew 17% year over year to $208 million, and Other revenue was $2.352 billion (-4% year over year).

Delta recorded an adjusted operating income of $591 million, down from $640 million YoY, with an adjusted operating margin of 4.6%, down 50 bps.

Adjusted operating expenses increased by 4% YoY to $12.388 billion, and Adjusted Non-fuel costs were $9.875 billion (+7% YoY) for the quarter.

Delta generated an adjusted operating cash ...

https://www.benzinga.com/25/04/44710071/delta-air-lines-q1-flies-past-expectations-grounds-fy25-outlook-amid-economic-uncertainty