Delta Air Lines (DAL) Reports In-Line Q2 EPS, Misses on Revenue; Offers FY24 EPS Guidance

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Go back to Delta Air Lines (DAL) Reports In-Line Q2 EPS, Misses on Revenue; Offers FY24 EPS Guidance

Airlines Stocks Sink After Delta (DAL) Results Disappoint Investors

July 11, 2024 7:10 AM EDT

Airlines Stocks Sink After Delta (NYSE: DAL) Results Disappoint Investors

Delta (NYSE: DAL) Falls 10% Following Disappointing Results and GuidanceAmerican Airlines (NASDAQ: AAL) -4.5%United Airlines (NASDAQ: UAL) -4.25%Southwest Airlines (NYSE: LUV) -3%JetBlue Airways (NASDAQ: JBLU) -2.1%Alaska Air Group (NYSE: ALK) -2.9%Spirit Airlines (NYSE: SAVE) -1.7%
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Delta Air Lines (DAL) stock tumbles on revenue miss

July 11, 2024 6:43 AM EDT

Delta Air Lines (NYSE: DAL) experienced a significant 8% decline in its share price following the announcement of its second-quarter financial results, which revealed a revenue shortfall despite matching analyst expectations for adjusted earnings per share (EPS).

The company reported an adjusted EPS of $2.36, in line with the consensus... More