Delta Air Lines announced record financial results for the December quarter and the entire 2024. The company showcased significant revenue and profit growth due to strong operational performance and increasing demand.
Financial Results
The December quarter of 2024 marked a record performance for Delta Air Lines, with operating revenue reaching $15.6 billion and operating income of $1.7 billion, marking an 11% operating margin. The pre-tax income was $1.2 billion, while on a non-GAAP basis, revenue stood at $14.4 billion with an EPS of $1.85. For the full year 2024, operating revenue totaled $61.6 billion, with a pre-tax income of $4.7 billion.
Comparison with Market Expectations
Delta Air Lines exceeded market expectations on revenue but did not meet EPS forecasts. Operating revenue reached $15.6 billion while analysts expected $14.13 billion. The revenue was supported by a 5.7% increase in the quarter, surpassing the guided range.
Future Projections
The company has provided optimistic guidance for 2025, expecting an EPS exceeding $7.35. Additionally, Delta anticipates generating over $4 billion in free cash flow for the year. The guidance for the March quarter includes 7-9% revenue growth, underscoring Delta’s confidence in sustaining demand.
Delta Air Lines' record results for 2024 and optimistic outlook for the future highlight its strong market position. The company continues to invest in improving customer experience and operational efficiency, contributing to its ongoing success.
