Delta Air Lines Inc.'s quarterly earnings beat fuels hope that other major U.S. air carriers will surprise Wall Street with better-than-expected profit snapshot
Delta Air Lines Inc.’s quarterly earnings beat on Friday is fueling hope that other major U.S. air carriers will surprise Wall Street with better-than-expected profit snapshot in the next few days.
Delta DAL early Friday reported “impressive” fourth-quarter results, with analysts pinning the post-results stock weakness on the rallies in previous sessions and calling the drop a buying opportunity. American Airlines, which earlier this week surprised Wall Street with better-than-expected guidance, is slated to report its fourth-quarter earnings before the bell on Jan. 26.
The analysts surveyed by FactSet see United reporting adjusted earnings of $2.11 a share on sales of $12.2 billion. United could surprise Wall Street by reporting a “strong” EPS guidance for the year, BofA analyst Andrew Didora said in a recent note.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Delta Air Lines sales, profits top estimates in strong finish to 2022Delta and other airlines had said demand remained strong throughout the quarter.
Lire la suite »
Holiday payoff: Delta Air Lines posts $828M profit in 4QDelta Air Lines said Friday that it earned $828 million in the fourth quarter and that consumers are still snapping up flights and making purchases with their airline-branded credit cards. The Atlanta-based airline said momentum has carried over into the new year, as the travel industry continues to recover from the worst of the pandemic.
Lire la suite »
FAA releases audio from deadly Wings Over Dallas Air Show crash between air boss, pilotsNewly released audio from the Wings Over Dallas air show gives insight into the moments before and after the collision that killed six airmen and destroyed...
Lire la suite »
These numbers make Delta Air Lines’ stock the best bet among U.S. carriers for 2023 and 2024A close look at estimates shows the Atlanta-based carrier is expected to stand out by important measures in 2023 and 2024.
Lire la suite »
Delta Air Lines’ Q4 results beat analysts’ top and bottom line estimates, stock falls on weaker-than-expected guidanceDelta Air Lines Inc. [s: dal] reported fourth-quarter results that beat analysts’ top and bottom-line estimates early Friday, although the carrier’s stock...
Lire la suite »
Delta CEO blames FAA outage on insufficient fundingDelta Air Lines's chief executive officer blamed the recent Federal Aviation Administration outage on a lack of funding.
Lire la suite »