Delta Air Lines Q2 Profit Declines, Miss Estimates

RTTNews | 859 dagar sedan
Stocktwits
Delta Air Lines Q2 Profit Declines, Miss Estimates

(RTTNews) - Delta Air Lines, Inc. (DAL) on Wednesday reported a net income for the second quarter of $735 million or $1.15 per share, down from $1.44 billion or $2.21 per share in the 2019 June quarter.

Excluding items, adjusted earnings for the quarter was $1.44 per share, compared to $2.35 per share in the same quarter of 2019. On average, 14 analysts polled by Thomson Reuters expected the company to report a loss of $1.64 per share for the quarter. Analysts' estimates typically exclude special items.

Pre-tax income for the quarter was $1.03 million, down 46 percent from $1.91 billion in 2019 June quarter. Adjusted pre-tax income was $1.22 billion, compared to $2.0 billion in the 2019 June quarter

Total operating revenue for the quarter grew 10 percent to $13.82 billion from $12.54 billion in the same quarter of 2019. Adjusted revenue dropped 1 percent to $12.31 billion from 2019 June quarter. Analysts expected revenue of $13.40 billion for the quarter.

Passenger revenues for the quarter declined 4 percent to $10.96 billion from the same quarter in 2019.

Looking ahead to the third quarter, the company expects total revenues to grow 1 to 5 percent and capacity to be down 15 to 17 percent.

The company said it expect double digit operating margin of 11 to 14 percent in September quarter and meaningful full year profitability.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Taggar: DALRQ.PK DAL
Stocktwits
read more
FAA To Probe Delta Flight's Cabin Pressure Injuries

FAA To Probe Delta Flight's Cabin Pressure Injuries

The Federal Aviation Administration or FAA is investigating the pressurization issues on a Delta Air Lines flight, which caused injuries to some of its passengers, reports said. The airline, meanwhile, apologized to its passengers, who experienced bleeding from the ear and nose. The Delta Flight 1203, which was traveling from Salt Lake City International Airport on Sunday with 140 passengers...
RTTNews | 60 dagar sedan
Delta Sees $380 Mln Revenue Hit From Microsoft-CrowdStrike Outage

Delta Sees $380 Mln Revenue Hit From Microsoft-CrowdStrike Outage

Delta Air Lines, Inc. estimates the massive IT outage caused by Microsoft Corp. - CrowdStrike Holdings, Inc. and related impacts, including more than 7000 flight cancellations, would hurt the airline direct revenue of around $380 million. In a filing with the U.S. Securities And Exchange Commission, Ed Bastian, Delta's Chief Executive Officer, said that company is pursuing legal claims...
RTTNews | 101 dagar sedan
US Airlines, Unions Urge Govt To Pause Addl. Flights Between US And China

US Airlines, Unions Urge Govt To Pause Addl. Flights Between US And China

Major airlines in the United States, along with its various unions, urged the Biden Administration to pause additional passenger flights between the country and China, citing anti-competitive policies of the Chinese government. Following the news, most of China-based airlines were trading lower on Friday. Air China Ltd shares fell 2.9 percent, while China Eastern Airlines Corp. Ltd. dropped 2.5
RTTNews | 220 dagar sedan
Delta Q1 Loss Narrows; Sees Q2 Earnings Above Market, Backs FY23 View

Delta Q1 Loss Narrows; Sees Q2 Earnings Above Market, Backs FY23 View

Delta Air Lines, Inc. reported Thursday narrower net loss in its first quarter with strong growth in revenues. Adjusted earnings missed market estimates. Further, the company issued second-quarter outlook, expecting earnings above market with strong revenues, and also reiterated fiscal 2023 view. In pre-market activity on Nasdaq, the shares were gaining around 4 percent.
RTTNews | 585 dagar sedan
Delta Air Lines Reaffirms Q1 Outlook

Delta Air Lines Reaffirms Q1 Outlook

Ahead of its presentation at the J.P. Morgan Industrials Conference on Tuesday, Delta Air Lines, Inc. (DAL) reaffirmed its outlook for the first quarter of fiscal 2023.
RTTNews | 615 dagar sedan
Delta To Offer Free Wi-Fi Starting Feb. 1

Delta To Offer Free Wi-Fi Starting Feb. 1

Delta Air Lines, Inc. said it will offer fast, free Wi-Fi to all customers on board most domestic mainline flights beginning February 1, in partnership with telecom major T-Mobile. The airline also announced plans to bring free Wi-Fi on international and regional aircraft by the end of 2024.
RTTNews | 682 dagar sedan
Delta To Resume Flights From Los Angeles To Tokyo

Delta To Resume Flights From Los Angeles To Tokyo

Delta Air Lines is set to resume flights on its routes between the U.S. and Japan from October 30, 2002 in anticipation of easing of COVID-19-related travel restrictions, which were put in place two years ago. The airline joins American Airlines and United Airlines, who have reportedly announced the resumption of flights to Japan.
RTTNews | 825 dagar sedan
Verktyg
Ekonomisk kalender
Market Hours
Interest Rates
Holidays Calendar
Forex Marknad
Forex Volatilitet
Forex Korrelation
Forex Nyheter
forex analysis
COT Data
Likviditet
Forex Kalkylatorer
Forex värmekarta
Indicators Heatmap
Gemenskapen
Gemenskapen
Systems
De mest populära systemen
Strategier
Tävlingar
Forex Diagram
Forex Sentiment
Indikator för utsikter
Recensioner
Mäklare
Prop Trading Firms
VPS-tjänster
Signalleverantörer
EA-programmeringstjänster
Affiliate Programs
PAMM mäklartjänster
Tjänster för rabattprogram
Trading Plattformar
Expertrådgivare
krypto Börser
Trading Courses
Mäklare
Forex Sprider sig
Forex Citat från mäklare
Forex mäklare Swaps
Forex Volym för mäklare
Forex Kampanjer för mäklare Broker News
Plattform
Widgetar
Funktioner
API
RSS
Stock Portfolio
Affiliate Software
Avancerade diagram
Stöd
FAQ
Hjälp
Kontakta oss
Rapportera en bugg!
Om
Blogg
© 2024 Myfxbook Ltd. Alla rättigheter reserverade
HIGH RISK WARNING: Valutahandel innebär en hög risknivå som kanske inte är lämplig för alla investerare. Hävstångseffekten skapar ytterligare risker och förlustexponering. Innan du bestämmer dig för att handla med utländsk valuta bör du noga överväga dina investeringsmål, din erfarenhetsnivå och din risktolerans. Du kan förlora en del av eller hela din ursprungliga investering. Investera inte pengar som du inte har råd att förlora. Utbilda dig om de risker som är förknippade med valutahandel och sök råd från en oberoende finansiell eller skatterådgivare om du har några frågor. Alla uppgifter och all information tillhandahålls endast i informationssyfte och är inte avsedda för handelsändamål eller rådgivning. Tidigare resultat är inte en indikation på framtida resultat.