Delta Air Lines, Inc. (NYSE:DAL) Q1 2024 Earnings Conference Call April 10, 2024 10:00 AM ET Company Participants Julie Stewart - Vice President, Investor Relations Ed Bastian - Chief Executive Officer Glen Hauenstein - President Dan Janki - Chief Financial Officer Peter Carter - Executive Vice President, External Affairs Tim Mapes - Senior Vice President Chief Communications Officer Conference Call Participants Duane Pfennigwerth - Evercore ISI Mike Linenberg - Deutsche Bank Scott Group - Wolfe Research Ra ...

Delta Air Lines (DAL) reported first-quarter 2024 earnings (excluding 39 cents from non-recurring items) of 45 cents per share, which comfortably beat the Zacks Consensus Estimate of 36 cents. Earnings increased 80% on a year-over-year basis.Revenues of $13.75 billion surpassed the Zacks Consensus Estimate of $12.84 billion and increased 7.75% on a year-over-year basis, driven by strong air-travel demand. Adjusted operating revenues (excluding third-party refinery sales) came in at $12.56 billion, up 6% yea ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Delta Chief Executive Ed Bastian said travel demand remains strong as the carrier forecast a record second quarter. Delta Air Lines reported another round of strong earnings on Wednesday as it forecast a record second quarter based on consistently strong travel appetite. "Consumer demand is robust and premium trends remain str ...

The inflation issue remains persistent. This is the message we’ve gotten this morning from March Consumer Price Index (CPI) report, which has riled pre-market trading to a notable extent. That’s putting it rather mildly. Ahead of this print, we were +115 points on the Dow, +13 points on the S&P 500 and +49 points on the Nasdaq. Fifteen minutes after the release, we’re now -490 points on the Dow, -77 on the S&P and -225 points on the Nasdaq. Swift and sharp. The 2-year and 10-year bond yields leapt from 4.72 ...

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 ...