Categories AlphaGraphs, Industrials
Infographic: Delta Air Lines (DAL) reports Q2 2020 earnings
CEO Ed Bastian expects the company to take at least two years to recover from the pandemic crisis
Following a challenging flying season, Delta Air Lines (NYSE: DAL) on Tuesday kicked off the aviation earnings with mixed results. Second quarter revenues fell 88% year-over-year to $1.47 billion, while loss per share came in at a massive $4.43.
DAL shares fell 1.2% immediately following the announcement.
Delta CEO Ed Bastian said, “Given the combined effects of the pandemic and associated financial impact on the global economy, we continue to believe that it will be more than two years before we see a sustainable recovery.”
Peers United Airlines (NASDAQ: UAL) and American Airlines (NASDAQ: AAL) are expected to announce results on July 22 and July 23 respectively.
Prior performance
[irp posts=”65312″]
___
Most Popular
AAPL Earnings: Apple’s Q2 sales and profit beat estimates; iPhone sales down 10%
Apple Inc. (NASDAQ: AAPL) on Thursday reported better-than-expected profit and revenue for the second quarter of 2024. There was a 10% decrease in iPhone sales. The gadget giant reported revenues
Shopify (SHOP) is all set to report Q1 2024 results. Here’s what to expect
Over the years, Shopify Inc. (NYSE: SHOP) has steadily expanded its footprint in the online retail market through constant innovation, like the recent launch of a mobile POS device for
eBay (EBAY): A look at how the ecommerce company fared in Q1 2024
Shares of eBay Inc. (NASDAQ: EBAY) were down over 2% on Thursday. The company reported its earnings results for the first quarter of 2024 a day ago, with revenue and