(Boursier.com) — Delta Airlines takes 4% before trading on Wall Street. The American airline has just raised its financial forecasts. Profits should almost double next year, according to the anticipations of the Atlanta group, which expects adjusted earnings ranging from $5 to $6 per share in 2023 against $3.07 to $3.12 for 2022 guidance. The consensus was $4.8 adjusted EPS for next year and $2.9 for this year. Ed Bastian, CEO of Delta, talks about demand for air travel that remains robust at the end of the year. In an investor update, Delta is raising its adjusted EPS estimate for the fourth quarter of 2022 to between $1.35 and $1.4 – significantly better than the previous guidance from October which ranged from 1 to $1.25. Regarding revenues, the group is planning for the fourth quarter to grow by 7 to 8%, against 5 to 9% previously expected.
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