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NEW YORK Digitas said it expects Delta Air Lines’ bankruptcy petition to result in $3 million to $4 million of bad debt.
The Boston-based interactive agency group said the charge would depress its earnings for the third quarter and full year. For the quarter, Digitas said it now forecasts earnings per share of 5 to 7 cents; for 2005, earnings are expected to fall between 40 and 43 cents. Digitas had forecast 9 to 11 cents per share earnings in Q3 and 43 to 46 cents for the year.
Delta
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