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UPDATE: Delta Air Lines (DAL) Reports Q1 Loss Per Share of 1.23

April 13, 2022 6:31 AM

(Updated - April 13, 2022 6:48 AM EDT)

Delta Air Lines (NYSE: DAL) reported Q1 loss per share $1.23, versus the analyst estimate of -$1.27. Revenue for the quarter came in at $9.3 billion versus the consensus estimate of $8.92 billion.

June Quarter 2022 Outlook

2Q22 Forecast

Capacity 1

~84%

Total Revenue 1, 2

93% - 97%

CASM-Ex 1, 2

Up ~17%

Fuel Price ($/gal) 2, 3

$3.20 - $3.35

Operating Margin 2

12% - 14%

Gross Capital Expenditures 2

~$1.2 billion

Adjusted Net Debt 2

~$20 billion

1 Compared to June quarter 2019

2 Non-GAAP measure; Refer to Non-GAAP reconciliations for 2Q19 comparison figures

3 Fuel guidance based on prices as of April 8th (Brent at $102, cracks at $30, $0.20 refinery contribution with RINS at $1.27)

For earnings history and earnings-related data on Delta Air Lines (DAL) click here.

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