Delta (NYSE:DAL) will announce its fourth quarter earnings on Tuesday, January 22. The carrier forecasts profits between $200 million and $250 million for the fourth quarter compared to $379 million in the year-ago period. [1] Delta suffered an estimated $50 million loss from Superstorm Sandy, which impacted profits not only by disrupting flight operations but also by damaging the Trainer refinery’s supply pipelines and limited the distribution of jet fuel from the refinery.
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