Delta Previews Q3: Revenue ~$17.64B, EPS $1.83–$1.85, Rising Costs
DAL sits 49% above its 52-week low of $55.03.
Summary
Delta's Q3 preview sets revenue at ~$17.64B and adjusted EPS at $1.83–$1.85, with management flagging rising fuel and operating costs. June load factor slipped to 85% from 86% a year ago, and CASM is climbing on higher fuel and labor. This follows Q2's record revenue and a 67% fuel cost surge, so the cost pressure is a known theme but now quantified for Q3. The guidance gives traders a concrete range to position against ahead of the full report.
At the time of this announcement, DAL was trading at $82.14 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $54B. The 52-week trading range was $55.03 to $95.68. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Wiseek News.