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Delta Air Lines flies to record revenues but investors still disappointed
Proactiveinvestors NA· 2024-07-11 12:26
About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...
Wall Street Jittery Ahead Of Key Inflation Data After Delta Air Lines, Pepsi Disappoint: Strategist Recommends Sector Picks Amid Evolving Election Dynamics
Benzinga· 2024-07-11 11:03
Loading...Loading...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. An in-line to tamer monthly headline number could push up the S&P 500 Index by as much as 1.75%, according to JPMorgan’s trading desk. A miss could send the index tumbling by as muc ...
Delta's outlook falls short of Wall Street estimates despite strong summer travel demand
CNBC· 2024-07-11 10:35
Delta Air Lines on Thursday forecast record revenue for the third quarter thanks to booming summer travel demand, but its earnings forecast fell short of analysts' estimates.Shares of Delta fell about 8% in premarket trading. Here's how the company performed in the three months ended June 30, compared with Wall Street expectations based on consensus estimates from LSEG:Adjusted earnings per share: $2.36 vs. $2.36 expectedAdjusted revenue: $15.41 billion vs. $15.45 billion expectedThe Atlanta-based carrier o ...
Delta(DAL) - 2024 Q2 - Quarterly Results
2024-07-11 10:30
Exhibit 99.1 1 CONTACT: Investor Relations Corporate Communications 404-715-2170 404-715-2554 InvestorRelations@delta.com Media@delta.com Delta Air Lines Announces June Quarter 2024 Financial Results Delivered industry-leading operational performance, underpinning trusted brand and customer loyalty Record June quarter revenue with mid-teens operating margin and strong cash generation Continued debt repayment, progressing balance sheet toward investment grade metrics Announced a 50 percent increase to divide ...
Delta Air Lines Announces June Quarter 2024 Financial Results
Prnewswire· 2024-07-11 10:30
Delivered industry-leading operational performance, underpinning trusted brand and customer loyaltyRecord June quarter revenue with mid-teens operating margin and strong cash generationContinued debt repayment, progressing balance sheet toward investment grade metrics Announced a 50 percent increase to dividend payment beginning in September quarterReiterating full year guide for EPS of $6 to $7 and free cash flow of $3 to $4 billionATLANTA, July 11, 2024 /PRNewswire/ -- Delta Air Lines (NYSE: DAL) today re ...
Gamma Delta T Cell Therapy Market Forecast Clinical Trials FDA Approval Insight
GlobeNewswire News Room· 2024-07-11 10:23
Delhi, July 11, 2024 (GLOBE NEWSWIRE) -- Global Gamma Delta T Cell Cancer Therapy Market Opportunity and Clinical Trials Insight 2030 Report Conclusions: Number Of Gamma Delta T Cell Therapies In Trials: > 30 TherapiesUS and China Dominating Clinical Trials Landscape: > 20 TherapiesGlobal Gamma Delta T Cell Therapy Clinical Trials Insight By Company, Country, Indication and PhaseGamma Delta T Cell Therapy Future Market Opportunity By Different CancersInsight On Clinical Platforms for Evolving Gamma Delta T ...
7 Overlooked Dividend Stocks to Buy for Income at a Bargain
Investor Place· 2024-07-11 10:00
While targeting public enterprises for passive income represents a sound strategy, the sector can get overcrowded. By focusing on less-appreciated ideas, investors may be able to snag better deals. Therefore, the concept of overlooked dividend stocks should be on your radar for a holistic approach to the market.As with anything in life, sometimes the actual weight of a much-anticipated product or event doesn’t match the hype. When that happens in the market, the typical response is a correction. Disappointm ...
Delta Air Lines Stock Shows Bearish Trend Ahead Of Q2 Earnings Report: What Are Analysts Saying?
Benzinga· 2024-07-10 15:21
Loading...Loading...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.The stock is down 3.57% over the past year, but up 16.16% YTD.Let’s examine the charts for Delta Air Lines stock and see how it aligns with Wall Street estimates.DAL Stock – Strong Bearish Trend Ahead Of Q2 Earnings Delta Air Lines stock is currently experiencing a strong bearish trend, with its share ...
Delta Air (DAL) & Riyadh Air Ink Deal to Boost Connectivity
ZACKS· 2024-07-10 13:46
Delta Air Lines (DAL) has inked a strategic cooperation memorandum of understanding with Saudi Arabia's startup airline, Riyadh Air, in a bid to introduce a wide range of benefits for customers traveling between North America, the Kingdom of Saudi Arabia and destinations beyond. Riyadh Air is scheduled to commence operations in 2025Per the agreement, Delta will operate as Riyadh Air's exclusive partner in North America. This will offer its customers access to multiple destinations in the United States. Conv ...
Should You Buy Delta Air Lines Stock Before Earnings?
Schaeffers Investment Research· 2024-07-09 17:52
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. Analysts expect the Delta Air Lines to report second-quarter earnings of $2.37 on revenue of more than $15.4 billion when it steps into the earnings confession before the open on Thursday, July 11. DAL has seen mostly negative returns the day after its quarterly report, with s ...