Delta Air Lines (NYSE: DAL) reported its second quarter 2024 earnings results today.
Operating revenue increased 7% year-over-year to $16.6 billion.
Net income decreased 29% to $1.3 billion, or $2.01 per share, compared to last year. Adjusted EPS fell 12% to $2.36.
Revenue beat expectations while earnings came in line.
For the third quarter of 2024, the company expects total revenue to be up 2-4% YoY. Adjusted EPS is expected to range between $1.70-2.00.
The stock plunged over 9% in premarket hours on Thursday.
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