Delta Expects 2025 Capacity Growth of Up to 4%

Delta Air Lines issued a slate of guidance ahead of its investor day, and shares traded lower. The airline on Wednesday introduced a three-to-five-year financial framework that included targets of mid-teens operating margins and average annual earnings per share growth of 10%, among other metrics. Delta reaffirmed its fourth-quarter guidance for earnings per share between $1.60 and $1.85 and operating margins between 11% and 13%.