Credit Suisse Trims PT on Delta Air (DAL) to $64 Following Q4 Results, Update
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Delta Air Lines (DAL) Gains on Conf. Call Commentary
January 19, 2016 10:21 AM ESTDelta Air Lines (NYSE: DAL) is seeing sharp upside with comments being made at the company's quarterly conference call. The company said it has slowed capacity growth into Europe, among other comments. Shares are up 4.9%.
... MoreDelta Air Lines sees profit margins doubling from cheap fuel
January 19, 2016 7:23 AM ESTBy Jeffrey Dastin
(Reuters) - Delta Air Lines Inc (NYSE: DAL) on Tuesday said a billion-dollar windfall from low fuel prices will far offset slumping sales to Europe after the November Paris attacks, forecasting its profit margin will more than double in the first quarter.
Shares were up around 3 percent in afternoon trading, despite Delta reporting a fourth-quarter adjusted profit of $926 million just short of analysts' average estimate of $928 million, according to Thomson Reuters I/B/E/S.
With fuel prices chopped nearly by half from a year earlier, Delta said it... More
Delta Air Lines (DAL) Misses Q4 EPS by 1c
January 19, 2016 7:03 AM ESTDelta Air Lines (NYSE: DAL) reported Q4 EPS of $1.18, $0.01 worse than the analyst estimate of $1.19. Revenue for the quarter came in at $9.5 billion versus the consensus estimate of $9.61 billion.
Delta's operating revenue for the December quarter decreased 2 percent, or $145 million, due to $160 million in... More
