Delta Air Lines, Inc. (DAL)
It'll Be Touch-and-Go for This Major Airline: Buy the Dip
Delta Air Lines NYSE: DAL shares lost their lift following the Q2 release, but investors should not worry. The results were weaker than expected, including decelerating growth and rising costs, but they align with the long-term outlook.
Delta Air Lines (DAL) Q2 Earnings Lag Estimates
Delta Air Lines (DAL) came out with quarterly earnings of $2.36 per share, missing the Zacks Consensus Estimate of $2.37 per share. This compares to earnings of $2.68 per share a year ago.
Delta Air Lines flies to record revenues but investors still disappointed
Delta Air Lines Inc (NYSE:DAL) shares are set to fall 9% after it reported record second-quarter revenue but a fall in profit. For the three months to June 30, adjusted earnings per share touched down at $2.36, down 12% year-on-year but in line with Wall Street expectations, per LSEG.
Wall Street Jittery Ahead Of Key Inflation Data After Delta Air Lines, Pepsi Disappoint: Strategist Recommends Sector Picks Amid Evolving Election Dynamics
The futures market on Thursday reflected jitteriness as traders awaited the all-important consumer price inflation data. The broader market is amid a multi-session winning run and has been breaking records session after session, sending the valuation of especially some mega-cap stocks to unsustainable levels.
Delta's stock dives after a profit miss, and a downbeat revenue outlook for the current quarter
Shares of Delta Air Lines Inc. DAL, -0.06% dropped 7.2% toward a four-month low in premarket trading Thursday, after the air carrier reported second-quarter profit and load factor that missed expectations, and provided a downbeat revenue outlook. Net income fell to $1.31 billion, or $2.01 a share, from $1.83 billion, or $2.84 a share, in the same period a year ago.
Delta's outlook falls short of Wall Street estimates despite strong summer travel demand
Delta reported record revenue for the second quarter, but its net income fell 30%. Delta reiterated its full-year adjusted earnings forecast of between $6 and $7 a share.
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Delta Air Lines Stock Shows Bearish Trend Ahead Of Q2 Earnings Report: What Are Analysts Saying?
Delta Air Lines Inc DAL will be reporting its second-quarter earnings on Thursday. Wall Street expects $2.37 in EPS and $15.5 billion in revenues as the company reports before market hours.
Delta Air (DAL) & Riyadh Air Ink Deal to Boost Connectivity
Delta (DAL) aims to have a long-term relationship with Riyadh Air. The Saudi Arabian carrier intends to start operations next year.
Virgin Galactic's stock rises as company completes manufacturing facility for new Delta spacecraft
Virgin Galactic Holdings Inc. has completed its new manufacturing facility in Phoenix, the company said Wednesday. That's where the space-tourism company will begin assembling its new Delta spacecraft, starting in the first quarter of 2025.
Should You Buy Delta Air Lines Stock Before Earnings?
Delta Air Lines, Inc (NYSE:DAL) will kick off another highly anticipated earnings season, which will give investors some insight into the health of the economy as the Federal Reserve ponders when it will begin to slash interest rates.
Delta Air Lines to set tone for airline earnings season
Delta Air Lines Inc (NYSE:DAL) will set the tone for the airline earnings season when it reports this Thursday, though it has qualities that its not all its rivals enjoy to allow it to navigate industry issues better than others, said Bank of America. Shares in Delta have fallen 12% since a mid-May peak, reflecting "skittishness around domestic capacity", promotional activity and negative guidance revisions from rivals American and Southwest Airlines in recent weeks.
