11.07.2024 12:33:48 - dpa-AFX: Delta Air Lines Inc Q2 Profit Decreases, Misses Estimates
ATLANTA (dpa-AFX) - Delta Air Lines Inc (DAL) announced earnings for second
quarter that decreased from last year and missed the Street estimates.
The company's earnings came in at $1.31 billion, or $2.01 per share. This
compares with $1.83 billion, or $2.84 per share, in last year's second quarter.
Excluding items, Delta Air Lines Inc reported adjusted earnings of $1.53 billion
or $2.36 per share for the period.
Analysts on average had expected the company to earn $2.37 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter rose 6.9% to $16.66 billion from $15.58
billion last year.
Delta Air Lines Inc earnings at a glance (GAAP) :
-Earnings (Q2): $1.31 Bln. vs. $1.83 Bln. last year.
-EPS (Q2): $2.01 vs. $2.84 last year.
-Revenue (Q2): $16.66 Bln vs. $15.58 Bln last year.
-Guidance:
Next quarter EPS guidance: $1.70 - $2.00
Full year EPS guidance: $6 - $7
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