Delta Air Lines Earnings, Revenue Beat in Q1

This post was originally published on this site

Delta Air Lines announced earnings per share of $-1.23 on revenue of $9.35B. Analysts polled by Investing.com anticipated EPS of $-1.33 on revenue of $8.74B.

Delta Air Lines shares are down 1.18% from the beginning of the year, still down 21.98% from its 52 week high of $49.50 set on April 14, 2021. They are outperforming the S&P 500 which is down 7.74% from the start of the year.

Delta Air Lines’s report follows an earnings missed by FedEx on March 17, who reported EPS of $4.59 on revenue of $23.6B, compared to forecasts EPS of $4.65 on revenue of $23.41B.

Cintas had beat expectations on March 23 with third quarter EPS of $2.69 on revenue of $1.96B, compared to forecast for EPS of $2.44 on revenue of $1.91B.

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