Delta Air Lines Q1 Adj EPS $0.45 Beats $0.36 Estimate, Sales $13.75B Beat $12.57B Estimate
Portfolio Pulse from Benzinga Newsdesk
Delta Air Lines reported Q1 adjusted earnings of $0.45 per share, surpassing the $0.36 estimate, and sales of $13.75B, exceeding the $12.57B estimate. This represents a 25% earnings beat and a 9.39% sales beat, with year-over-year earnings and sales growth of 80% and 7.75%, respectively.
April 10, 2024 | 10:31 am
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Delta Air Lines reported a significant beat on both earnings and sales estimates for Q1, with adjusted EPS at $0.45 and sales at $13.75B, indicating strong financial performance.
The substantial beat on both earnings and sales estimates for Delta Air Lines, with a 25% beat on EPS and a 9.39% beat on sales, coupled with significant year-over-year growth, is likely to positively influence investor sentiment and potentially lead to a short-term uptick in DAL's stock price. The strong financial performance indicates operational efficiency and could attract more investors looking for growth in the airline sector.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100