United Airlines did not mention the cost of July's CrowdStrike IT outage in its earnings report.The incident especially affected Delta, which canceled thousands of flights. United executives took a subtle jab at Delta by highlighting their "no excuses" philosophy. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a persona ...

Delta Air Lines Inc. NYSE: DAL reported its third-quarter 2024 earnings report, and shares initially gapped down in reaction to the headline numbers. Investors were disappointed by the earnings-per-share (EPS) miss by 2 cents, reporting $1.50, along with a revenue miss of nearly $700 million. This sets up the potential for a troubling trend is that it’s the second consecutive quarter that Delta missed consensus analyst estimates.Delta Air Lines TodayDALDelta Air Lines$51.42 +0.09 (+0.18%) 52-Week Range$30.6 ...

Delta Air Lines planes are seen parked at Seattle-Tacoma International Airport on June 19, 2024 in Seattle, Washington.Delta Air Lines had to suspend hot meal service on more than 200 flights out of its Detroit Metropolitan Wayne County Airport hub over the past several days because of a "food safety issue."Delta said that operations from the facility were shut down and hot food will be managed by other kitchens."During a recent inspection at a DTW kitchen, Delta's catering partner was notified of a food sa ...

Delta Air Lines (DAL)  gave a glimpse at how the large domestic airliners are faring after reporting third quarter results on Thursday with United Airlines (UAL)  and American Airlines (AAL)  set to release their Q3 reports in the coming weeks.Although Delta’s Q3 financial metrics were mixed the company’s valuation and post-pandemic recovery are still enticing.  Delta’s Q3 Results Delta posted Q3 EPS of $1.50 on operating income of $971 million which decreased 26% from $2.03 per share in the prior year quar ...

If you'd like to learn more about how to best position yourself in under valued stocks mispriced by the market to start October, consider joining Out Fox The Street .With a legacy airline struggling with an IT outage, United Airlines Holdings, Inc. (NASDAQ: UAL ) has taken flight to post-Covid highs. The airline stock is still incredibly cheap, but whether or not the market will reward the stock with aMark leads the investing group Out Fox The Street where he shares stock picks and deep research to help rea ...

Airline and transportation stocks have been under pressure from weakening consumer discretionary trends lately, especially as inflation is now threatening to spike again after the – arguably premature – interest rate cuts coming from the Federal Reserve (the Fed), being the most aggressive policy shift since late 2007 in face of the financial crisis of 2008.Delta Air Lines TodayDALDelta Air Lines$50.30 -0.68 (-1.33%) 52-Week Range$30.60▼$53.86Dividend Yield1.19%P/E Ratio7.24Price Target$64.35Add to Watchlis ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol Name of each exchange on which registered Common Stock, par value $0.0001 per share DAL New York Stock Exchange FORM 10-Q ☑QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 Or ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT ...

Delta Air Lines continues to demonstrate resilience in the business travel sector, building on strong performance from previous quarters as it reported third-quarter financial results Thursday (Oct. 10). Corporate travel sales rose 7%, driven by the airline's focus on premium offerings, which have consistently outperformed main cabin sales. Delta officials said a recent survey reveals 85% of companies anticipate boosting their travel budgets in 2025. "Corporate travel continues to improve and Delta continue ...

Delta Air Lines (DAL) reported third-quarter 2024 earnings (excluding 47 cents from non-recurring items) of $1.50 per share, which fell short of the Zacks Consensus Estimate of $1.56. Earnings decreased 26.11% on a year-over-year basis, mainly due to high labor costs. Find latest EPS estimates and surprises on Zacks Earnings Calendar. Revenues of $15.68 billion surpassed the Zacks Consensus Estimate of $15.37 billion and increased 1.2% on a year-over-year basis, driven by strong air travel demand. Adjusted ...

Delta Air Lines, Inc. (NYSE:DAL) Q3 2024 Earnings Conference Call October 10, 2024 10:00 AM ET Company Participants Julie Stewart - Vice President, IR Ed Bastian - CEO Glen Hauenstein - President Dan Janki - CFO Tim Mapes - SVP & Chief Communications Officer Peter Carter - EVP, External Affairs Conference Call Participants David Vernon - Bernstein Jamie Baker - JPMorgan Savi Syth - Raymond James Mike Linenberg - Deutsche Bank Conor Cunningham - Melius Research Duane Pfennigwerth - Evercore ISI Scott Group - ...