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
PG Earnings: Procter & Gamble Q3 profit climbs, beats estimates
Consumer goods behemoth The Procter & Gamble Company (NYSE: PG) announced financial results for the third quarter of 2024, reporting a double-digit growth in net profit. Sales rose modestly. Core
AXP Earnings: All you need to know about American Express’ Q1 2024 earnings results
American Express Company (NYSE: AXP) reported its first quarter 2024 earnings results today. Consolidated total revenues, net of interest expense, increased 11% year-over-year to $15.8 billion, driven mainly by higher
Netflix (NFLX) Q1 2024 profit tops expectations; adds 9.3Mln subscribers
Streaming giant Netflix, Inc. (NASDAQ: NFLX) Thursday reported a sharp increase in net profit for the first quarter of 2024. Revenues were up 15% year-over-year. Both numbers exceeded Wall Street's
