Delta Air Lines (DAL) stock tumbles on revenue miss

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) Reports In-Line Q2 EPS, Misses on Revenue; Offers FY24 EPS Guidance

July 11, 2024 6:32 AM EDT

Delta Air Lines (NYSE: DAL) reported Q2 EPS of $2.36, in-line with the analyst estimate of $2.36. Revenue for the quarter came in at $15.4 billion versus the consensus estimate of $15.47 billion.

GUIDANCE:

Delta Air Lines sees FY2024 EPS of $6.00-$7.00, versus the... More

Delta Air Lines (DAL) July 12 weekly 47 straddle priced into quarter results

July 11, 2024 6:06 AM EDT

Delta Air Lines (NYSE: DAL) July 12 weekly 47 straddle priced for a move of 7% into the expected release of quarter results today before the bell.

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June CPI release, PepsiCo earnings, UK economic growth - what's moving markets

July 11, 2024 5:33 AM EDT

Investing.com -- Wall Street looks set to start the day slightly lower as investors await the release of the latest inflation data, which could guide expectations of interest rate cuts later this year. The new earnings season has nearly arrived, while the U.K. economy returned to growth in May. 

1. June CPI to cement September easing?

The key monthly U.S. consumer inflation report is due later in the session, and is expected to show inflation easing and pave the way for rate... More

Airline stocks: Q2 earnings preview

July 10, 2024 5:00 PM EDT

With the second quarter results imminent for the airline industry, with Delta (NYSE: DAL) set to release its earnings this week, followed by United (NASDAQ: UAL) next week, investors are keen to see if long-haul markets will continue to outperform.

Despite a generally challenging sentiment for airlines, there is growing interest in the large network airlines, particularly Delta and United, said Barclays, adding that both airlines significant exposure to trans-Atlantic and trans-Pacific markets is expected to drive relative profitability.

Delta has previously warned that the Paris Summer Olympics... More

Delta Air Lines (DAL) July 12 weekly 47 calls active into quarter results

July 10, 2024 10:54 AM EDT

Delta Air Lines (NYSE: DAL) July 12 weekly call option implied volatility is at 100, July is at 60; compared to its 52-week range of 25 to 42; into the expected release of quarter results before the bell on July 11. Call put ratio 1.2 calls to 1 put with focus on July 12 weekly 47 calls.

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Delta Air Lines (DAL) July 12 weekly 47 straddle into quarter results

July 10, 2024 4:58 AM EDT

Delta Air Lines (NYSE: DAL) July 12 weekly 47 straddle priced for a move of 6.5% into the expected release of quarter results before the bell on July 11.

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