Delta (DAL) Forecasts Q3 Earnings of $2.00 to $2.50 Per Share

Published on · Source: cnbc.com

Delta (DAL) Forecasts Q3 Earnings of $2.00 to $2.50 Per Share

AI Summary

Summarized by AI from the source below

Delta Air Lines (DAL) forecasts third-quarter earnings per share between $2.00 and $2.50, surpassing analysts' estimates of $2.02 per share. The airline expects revenue to increase in the mid-teens compared to the same period in 2025. For the full year, Delta maintains its earnings forecast of $6.50 to $7.50 per share. Additionally, Delta reported a second-quarter adjusted revenue of $17.67 billion and a net income of $1.6 billion, despite a 25% year-over-year income drop, indicating strong pricing power and demand in the airline sector.

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About Delta Air Lines Inc. (DAL)

Delta Air Lines is one of the largest U.S. airlines.

The Industrials sector covers manufacturers, aerospace, defense and transport companies tied to economic activity.

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