Domestic and international airfare have dipped in recent weeks from highs in April and May – but consumers are still coughing up much more for a ticket than they did last year.
During a July 10 CNBC segment, Jefferies analyst Sheila Kahyaoglu predicted that the major U.S.
Delta Air Lines Inc (NYSE:DAL) stock is down 2.2% to trade at $87.09 this morning, reversing earlier gains despite posting a top- and bottom-line beat for the second quarter.
Delta Air Lines Inc (NYSE:DAL) reported second quarter adjusted earnings and revenue that exceeded Wall Street expectations, while reaffirming its full-year 2026 earnings guidance and forecasting continued momentum into the September quarter. The airline posted adjusted earnings per share of $1.56 for the June quarter, ahead of the consensus estimate of $1.51.
Stocks are pointing to a mixed open ahead of the week's final session as investors await the U.S. trading debut of one of the world's biggest memory chip makers; South Korea's SK Hynix raised $26.5 billion in its offering, the largest-ever foreign stock listing on a U.S. exchange; Delta Air Lines reported strong earnings despite a massive fuel bill in the second quarter; shares of WD-40 are surging after the company reported better-than-expected quarterly results; and the European Commission has alleged that Meta made “addictive” products in Facebook and Instagram that may have harmed users. Here's what you need to know today.
Delta Air Lines (DAL) came out with quarterly earnings of $1.56 per share, beating the Zacks Consensus Estimate of $1.51 per share. This compares to earnings of $2.1 per share a year ago.
Flying first class just got a little less expensive, provided you're willing to make a few compromises.
The airline industry earnings season got off to a good start Friday as Delta reported strong second quarter results, beat Wall Street estimates and forecast a profitable full year, all despite absorbing an estimated $4 billion in increased 2026 fuel costs. “We're seeing strong demand for our product,” Delta CFO Erik Snell told reporters on a media call on Thursday.
Delta Air Lines said customers aren't shrinking away from higher flight prices that have helped offset sky-high fuel costs.
Delta Air's stock gain after profit falls but beats expectations, even after the air carrier absorbed the highest quarterly fuel expense in its history.
Getting better seats on the plane is getting cheaper—and more complicated.
With Delta scheduled to report Q2 results before the market opens on Friday, July 10, investors will want to see if the carrier can justify its strong YTD rally.