Delta Air Lines
Delta Air Lines reported its results today.
Results:
Revenue : $14.6 billion and $14.4 billion was expected.
Net profit : $1.72 billion and $1.54 billion expected.
EPS : $2.68 and $2.41 expected.
Thus, the results exceeded expectations.
Open $42.14
Day range $41.48 - $43.04
52 week range $30.60 - $53.86
I don't focus much on this sector, but if I had $DAL-0.3% stock in my portfolio, I would be pleased with today's results.
Do you have $DAL-0.3% stock in your portfolio?
I was jumping in at $39 but already with caution because it was rising nicely from $30 and so I was expecting a definite top, but it looks like not and so I'm happy with the green. Otherwise I don't have this business anymore either.
Looks like they are well on their way to hopping back on the old wave after the pandemic, when they had a nice upward trend in sales and profits.