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Delta Air Lines Earnings, Revenue Beat in Q4 -Breaking

by Mike Robinson

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© Reuters. Delta Air Lines Revenue Beats in Q4

On Thursday, Delta Air Lines (NYSE) announced that the fourth quarter beat forecasts by analysts and that revenue exceeded all expectations.

Delta Air Lines posted earnings per share (EPS) of $0.22 on revenue $9.47B. Investing.com polled 247 analysts to predict EPS of $0.114 based on $8.85B in revenue.

Delta Air Lines shares have risen 3.92% since the start of the year. However, they are still 22.32% below their 52-week high of $52.28 on March 15, 2021. They are outperforming the S&P 500 which is down 0.84% from the start of the year.

Delta Air Lines shares this month’s major industrial sector earnings with other companies

Delta Air Lines reported after FedEx beat them on December 16, 2021. FedEx reports EPS of 4.83 on $23.5B revenue, while Delta Air Lines forecasts EPS to be $4.28 on $22.41B revenue.

Cintas exceeded expectations in the second quarter of 2021, with EPS of 2.76 on revenue $1.92B compared to $2.65 forecasted on revenue $1.91B.

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

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