Stock Groups

Delta Air Lines Earnings, Revenue Beat in Q3 By Investing.com

by Mike Robinson

[ad_1]

© Reuters. Delta Air Lines’ Earnings and Revenue beat in Q3

Delta Air Lines (NYSE 🙂 announced Wednesday that the third quarter beat analyst forecasts with revenue surpassing expectations.

Delta Air Lines posted earnings per share (EPS) of $0.3 on revenues $9.15B. Investing.com polled analysts and predicted EPS at $0.1614 for revenue of $9.15B.

Delta Air Lines shares have risen 8.28% since the start of the year. However, they are still 16.72% below their 52-week high of $52.28 on March 15. They are under-performing the S&P 500 which is up 15.83% from the start of the year.

Pre-market trading saw Delta Air Lines share prices fall by 0.78% following the news.

Delta Air Lines reports on other Transportation industry earnings for this month

The report by Delta Air Lines follows a FedEx earnings miss on September 21. FedEx reported an EPS figure of $4.37 for revenue of $22B. Forecasts were for EPS at $4.88.

Carnival ADS’s third quarter EPS was $-1.75 on $546M in revenue, which is lower than the $-1.55 forecast on $670.38M.

Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar

Disclaimer Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs are stocks, indexes or futures. The prices of Forex and CFDs are not supplied by exchanges. They are instead provided by market makers. As such, the prices might not reflect market values and could be incorrect. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts and buy/sell signal signals. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.



[ad_2]