Delta Air Lines (DAL) reported $13.75 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 7.8%. EPS of $0.45 for the same period compares to $0.25 a year ago.The reported revenue represents a surprise of +7.09% over the Zacks Consensus Estimate of $12.84 billion. With the consensus EPS estimate being $0.36, the EPS surprise was +25.00%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determ ...

Key TakeawaysDelta Air Lines posted record first-quarter revenue Wednesday, along with adjusted income and earnings per share that came in above analyst expectations.The airline's stock jumped over 4% in premarket trading after the earnings report was released.Delta projected an increase in second-quarter revenue of 5% to 7% from the prior-year figure of $15.58 billion. Delta Air Lines (DAL) shares rose in premarket trading Wednesday after the carrier reported record first-quarter revenue, with adjusted inc ...

Key PointsDelta Air Lines produced a record quarter and is guiding for growth that could lift the market to fresh highs. Cash flow is solid and allows for debt reduction and capital return while the company reinvests in the business.Analysts view the stock as a deep value and may raise their targets now that guidance is updated. 5 stocks we like better than Delta Air LinesDespite persistently high demand, rapidly improving internal economics and record profits, Delta Air Lines NYSE: DAL stock has struggled ...

Delta Air Lines (DAL) came out with quarterly earnings of $0.45 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.25 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 25%. A quarter ago, it was expected that this airline would post earnings of $1.17 per share when it actually produced earnings of $1.28, delivering a surprise of 9.40%.Over the last four quarters, the company has s ...

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...

Delta Air Lines Inc (NYSE: DAL) is trading up in premarket on Wednesday after reporting market-beating earnings for its first quarter.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Delta Air Lines stock up on strong guidance Copy link to section Investors are cheering also because the management issued encouraging guidance for the current quarter. $DAL expects its earnings to fall between $2.20 a share and $2.50 a share in Q2. Analysts, in comparison ...

An Airbus A330-941 is being delivered to Delta Air Lines, flying from Toulouse Blagnac Airport to Atlanta, in Toulouse, France, on December 8, 2023.Delta Air Lines swung to a profit in the first quarter and its CEO Ed Bastian said bookings for both leisure and business travel are strong as the peak travel season approaches.The carrier made $37 million, or 6 cents per share, in the first three months of the year, up from a loss of $363 million, or 57 cents per share, in the year-earlier period, it said Wedne ...

Exhibit 99.1 CONTACT: Investor Relations Corporate Communications 404-715-2170 404-715-2554 InvestorRelations@delta.com Media@delta.com Delta Air Lines Announces March Quarter 2024 Financial Results Delivered industry-leading operational performance, record March quarter completion factor March quarter revenue and earnings at the high end of guidance Expect record June quarter revenue, mid-teens operating margin, and EPS of $2.20 to $2.50 Reiterating 2024 outlook for EPS of $6 to $7 and free cash flow of $3 ...

Monday, April 8th, 2024We continue to tiptoe through the early trading days of calendar Q2. Currently, we are only a couple sessions from the informal beginning to Q1 earnings season — with Delta (DAL) , CarMax (KMX) , Fastenal (FAST) and Constellation Brands (STZ) , among others, reporting on Wednesday — and today was a perfect illustration of the reluctance to take indices either up or down. The Dow closed -0.03%, the S&P 500 was -0.04%, the Nasdaq +0.05% and the small-cap Russell 2000 +0.60%.This was als ...

Delta Air Lines, Inc. (NYSE:DAL) will land in the earnings confessional on Wednesday, April 10, to report fiscal first-quarter results. The equity picked up a bull note ahead of the event, with Raymond James today raising its price objective to $58 form $55. The shares are up 2.6% to trade at $47.25 at last check, and now boast a 40.4% year-over-year lead. BA hit its highest level since September last week, with support from the 20-day moving average. There's nothing but love for Delta Air Lines among the b ...