Delta Air Lines releases earnings Outlook
Digest more
After withdrawing its outlook in April, Delta is again forecasting a profit—though at a significantly lower level than originally projected.
There were some rough skies for a couple months there, but Delta seems to think it has now punched through to the other side.
Delta Air Lines, the world’s largest carrier by revenue, reported upbeat second quarter results and reinstated its guidance as growing economic clarity deflects headwinds resulting from a global trade war.
Delta Air Lines boosts Wall Street as stock indexes rise; airline sector surges, and earnings season begins with upbeat momentum.
Delta Air Lines regains momentum with raised guidance, dividend hike, and strong premium, loyalty growth. See why DAL stock is upgraded to buy.
Analysts expect that airlines will have a tepid earnings season as tariff uncertainty and declining U.S. dollar weigh on the industry.