Live updates: Delta Air Lines reports 3rd-quarter earnings

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Delta Air Lines will report third-quarter earnings on Thursday, Oct. 12.

The company's stock is up 8.2% year-to-date, compared to 13% for the benchmark S&P 500. All but one of the 22 analysts who cover the stock have a "buy" rating on it, according to Bloomberg.

"Simply put, we continue to view Delta as the industry leader among full-service airlines," JPMorgan analysts wrote in a recent earnings-preview note. "We believe DAL has the ability to emerge from the COVID-19 crisis with higher margins."

Delta's consensus third-quarter adjusted EPS forecast is $1.94

3rd quarter

• Adjusted EPS estimate $1.94 (Bloomberg Consensus)
• EPS estimate $1.94
• Adjusted revenue estimate $14.55 billion
  • Passenger revenue estimate $13.08 billion
  • Cargo revenue estimate $199.1 million
• Passenger load factor estimate 86.9%
• Available seat miles estimate 73.1 billion
• Revenue passenger miles estimate 63.5 billion
• Adjusted net income estimate $1.25 billion

Full-year 2023

• Adjusted EPS estimate $6.03
• EPS estimate $6.03
• Adjusted revenue estimate $54.59 billion

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