Delta Air Lines Earnings Miss, Revenue Beats In Q4

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Delta Air Lines announced earnings per share of $-2.53 on revenue of $3.97B. Analysts polled by Investing.com anticipated EPS of $-2.47 on revenue of $3.78B.

Delta Air Lines shares are up 0.6% from the beginning of the year, still down 35.26% from its 52 week high of $62.48 set on January 17, 2020. They are under-performing the S&P 500 which is up 1.43% from the start of the year.

Delta Air Lines shares gained 1.36% in pre-market trade following the report.

Delta Air Lines’s report follows an earnings beat by FedEx on December 17, 2020, who reported EPS of $4.83 on revenue of $20.6B, compared to forecasts EPS of $4.01 on revenue of $19.43B.

Air France KLM SA had beat expectations on January 4 with fourth quarter EPS of $-3.98 on revenue of $2.94B, compared to forecast for EPS of $-4.2 on revenue of $2.95B.

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

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