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.

Looking forward to listening to management/ analysts comments on Q2 results? Stay tuned here for Delta Air Lines Q2 2020 earnings call transcript

 Delta Air Lines Q2 2020 earnings

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

Add Comment
Viewing Highlight