Delta Air Lines' first-quarter outlook on Friday topped analyst expectations as the carrier forecast strong travel demand to start the year, which CEO Ed Bastian said will likely be the carrier's best ever.
Delta stock is soaring Friday after the air carrier beat earnings expectations and issued a strong outlook. Here's what investors need to know.
The headline numbers for Delta (DAL) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Delta reported earnings Friday, perhaps providing an indication that airlines could be entering a strong earnings period.
Delta Air Lines (DAL) came out with quarterly earnings of $1.85 per share, beating the Zacks Consensus Estimate of $1.76 per share. This compares to earnings of $1.28 per share a year ago.
CNBC's Phil LeBeau talks with Delta CEO Ed Bastian to discuss the airline's most recent earnings report, expectations for 2025, and more.
Demand momentum helps Delta top Q4 estimates for a record fiscal year. The airline guided 10% earnings growth over the next 3 to 5 years.
Shares of Delta Air Lines (DAL) rose on Friday after the airline reported fourth-quarter fiscal 2024 revenue and adjusted earnings that came in ahead of analysts' estimates.
Delta Air Lines Inc.'s stock jumped 3.4% in premarket trade Friday, after the carrier beat fourth-quarter profit and revenue estimates and forecast a strong 2025 driven by demand for premium travel.
Delta forecast first-quarter earnings of between 70 cents and $1, slightly higher than analysts' estimates. Delta beat sales and earnings estimates for the last three months of the year.
Airline stocks have been flying recently, which makes earnings season tricky to navigate for investors.
Today's Big 3 focuses on the biggest three earnings reports on Friday: Delta Airlines (DAL), Constellation Brands (STZ) and Walgreens (WBA). Jenny Horne previews the reports while Rick Ducat breaks down the technical trends.