Delta Q2 EPS Beats, Premium Revenue Overtakes Coach; Guides Q3 Above Views
DAL sits 77% above its 52-week low of $49.83.
Summary
Delta delivered a clean Q2 beat: EPS of $1.56 vs. $1.48 consensus on revenue of $17.67B vs. $17.53B expected. The standout is premium seat revenue hitting $6.92B, edging out coach at $6.85B — a structural shift that supports margins. Q3 EPS guidance of $2.00–$2.50 brackets the $2.02 Street view, with revenue seen up mid-teens. The full-year $6.50–$7.50 EPS is reaffirmed. This follows a string of operational and cost headwinds in the timeline — the refinery fire, crew disruptions, and fuel cost spikes — making the beat and premium mix shift all the more notable. The stock was up 57% over the past year heading into the print; the guidance raise and premium revenue milestone could extend that run.
At the time of this announcement, DAL was trading at $88.16 on NYSE in the Trade & Services sector, with a market capitalization of approximately $58.5B. The 52-week trading range was $49.83 to $95.68. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: BayStreet.