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
CL Earnings: Key quarterly highlights from Colgate-Palmolive Company’s Q4 2022 financial results
Colgate-Palmolive Company (NYSE: CL) reported fourth quarter 2022 earnings results today. Net sales increased 5% year-over-year to $4.62 billion. Organic sales growth was 8.5%. Net income attributable to Colgate-Palmolive Company was
Key highlights from Chevron Corporation’s (CVX) Q4 2022 earnings results
Chevron Corporation (NYSE: CVX) reported fourth quarter 2022 earnings results today. Total revenues and other income were $56.4 billion compared to $48.1 billion in the year-ago period. Net income attributable
AXP Earnings: All you need to know about American Express’ Q4 2022 earnings results
American Express Company (NYSE: AXP) reported fourth quarter 2022 earnings results. Consolidated total revenues net of interest expense were $14.2 billion, up 17% from a year ago. Net income was