Delta Air Lines earnings miss, Revenue beats in Q1

  • Investing.com
  • Stock Market News
Delta Air Lines earnings miss, Revenue beats in Q1
Credit: © Reuters.

Investing.com - Delta Air Lines (NYSE: DAL ) reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Delta Air Lines announced earnings per share of $1.44 on revenue of $13.82B. Analysts polled by Investing.com anticipated EPS of $1.65 on revenue of $12.23B.

Delta Air Lines shares are down 20.45% from the beginning of the year and are trading at $31.09 , down-from-52-week-high.They are under-performing the S&P 500 which is down 19.88% year to date.

Delta Air Lines follows other major Industrials sector earnings this month

Delta Air Lines's report follows an earnings matched by FedEx on Thursday, June 23, 2022, who reported EPS of $6.87 on revenue of $24.4B, compared to forecasts EPS of $6.87 on revenue of $24.5B.

Ashtead Gro had beat expectations on Tuesday, June 14, 2022 with second quarter EPS of $2.87 on revenue of $2.08B, compared to forecast for EPS of $2.7 on revenue of $1.98B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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