United Airlines Earnings Are Coming. Delta's Results Show the Risks.
The Big Three airline will post its second-quarter earnings after Wednesday's closing bell.
Why Did Delta Air Lines Stock Fall?
Delta Air Lines reported second quarter earnings with revenues slightly exceeding expectations, but unit revenue growth lagging behind capacity growth. Despite challenges with cost absorption and unit revenue contraction, Delta saw growth in premium product sales and loyalty travel awards. Analysts see significant upside potential in the stock despite subdued sentiment and signs of overcapacity.
Delta removes employee from social media position and changes dress code after X post calling Palestinian flag terrifying
Delta Air Lines has apologized after a perceived anti-Palestine social media post. A since-deleted reply from Delta's official account called the Palestinian flag terrifying.
The 3 Most Undervalued Sleeper Stocks to Buy in July 2024
Dig a little deeper and it's not difficult to find undervalued stocks that are trading under the radar of most investors. These sleeper stocks can be expected to rise in time as the market eventually discovers that they have cheap valuations and strong underlying fundamentals.
Delta Air Lines: Multiple Headwinds Call Growth Story Into Question
DAL stock has gained 8.45% since February 2024, underperforming the S&P 500. Second quarter results show underwhelming performance, missing estimates on both top and bottom lines. Strong demand for premium products overshadowed by challenges such as oversupply of seats and higher fuel expenses.
Delta Airlines Q2 Earnings: Business Travel Continues to Surge
Business travel at Delta Air Lines is surging, exceeding expectations with “mid-teens” growth, according to a Thursday (July 11) Q2 earnings transcript. Delta President Glen Hauenstein said during the call that Delta benefited from double-digit volume growth in this high-value segment with broad demand and growth across all sectors.
Hotter Temperatures Are a Problem for Delta and Other Airlines
Delta shares tumbled on Thursday after its gloomy third-quarter guidance spooked the market.
Jim Cramer on Delta: There's a difference between the stock and the company
After Delta's revenue miss, CNBC's Jim Cramer said investors should understand that there is a difference between Delta as a stock and Delta as a company. "Delta the company is terrific.
Why Are Airline Stocks DAL, AAL, UAL Down Today?
It's now earnings season once again, and investors are certainly taking a cautious tone with certain groups of stocks today. Besides tech stocks, which are having a very negative day with the Nasdaq down a whopping 1.7% this afternoon, airline stocks are also seeing marked declines in today's session.
Delta says the Olympics will cost it $100 million as travelers skip Paris
Delta said the Paris Olympics will translate to a $100 million revenue hit because travelers are heading to other destinations. Delta has the most service to Paris out of the U.S. airlines and has a partnership with Air France.
Delta shares plunge after lower-than-expected profit forecast despite surge in travel
CEO Ed Bastian said he expects high demand -- which is causing airlines to lower their ticket prices -- to balance out in the fall.
Delta profits drop despite solid demand, hitting airline shares
Delta reported lower quarterly profits Thursday despite still-strong travel demand as it moderated a plan to add capacity in the fall in light of industry overcapacity.
