Delta Air Lines Earnings Miss, Revenue Beats In Q1

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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, still down 32.81% from its 52 week high of $46.27 set on April 21. They are under-performing the S&P 500 which is down 19.88% from the start of the year.

Delta Air Lines’s report follows an earnings matched by FedEx on June 23, 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 June 14 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