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Delta Air Lines Earnings, Revenue Miss in Q1

imageStock Markets7 minutes ago (Apr 15, 2021 08:49AM ET)

(C) Reuters. Delta Air Lines Earnings, Revenue Miss in Q1

Investing.com – Delta Air Lines (NYSE:DAL) reported on Thursday first quarter earnings that missed analysts’ forecasts and revenue that fell short of expectations.

Delta Air Lines announced earnings per share of $-3.55 on revenue of $3.61B. Analysts polled by Investing.com anticipated EPS of $-2.84 on revenue of $4.02B.

Delta Air Lines shares are up 19.8% from the beginning of the year, still down 7.81% from its 52 week high of $52.25 set on March 15. They are outperforming the S&P 500 which is up 9.81% from the start of the year.

Delta Air Lines shares gained 0.31% in pre-market trade following the report.

Delta Air Lines’s report follows an earnings beat by FedEx on March 18, who reported EPS of $3.47 on revenue of $21.5B, compared to forecasts EPS of $3.3 on revenue of $19.96B.

Carnival ADS had missed expectations on April 7 with first quarter EPS of $-1.78 on revenue of $26M, compared to forecast for EPS of $-1.66 on revenue of $26M.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

Delta Air Lines Earnings, Revenue Miss in Q1

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