Investing.com - Delta Air Lines (NYSE:DAL) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Delta Air Lines announced earnings per share of $-1.07 on revenue of $7.13B. Analysts polled by Investing.com anticipated EPS of $-1.36 on revenue of $6.14B.
Delta Air Lines shares are up 2.79% from the beginning of the year and are trading at $41.87 , down-from-52-week-high.They are under-performing the S&P 500 which is up 16.32% from the start of the year.
Delta Air Lines shares gained 1.31% in pre-market trade the report.
Delta Air Lines follows other major Transportation sector earnings this month
Delta Air Lines's report follows an earnings missed by FedEx on Thursday, June 24, 2021, who reported EPS of $5.01 on revenue of $22.6B, compared to forecasts EPS of $5.02 on revenue of $21.52B.
Carnival ADS had missed expectations on Monday, June 28, 2021 with second quarter EPS of $-1.8 on revenue of $50M, compared to forecast for EPS of $-1.63 on revenue of $185.29M.
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