Delta’s passenger unit revenue rises, but profit tumbles

Delta's passenger unit revenue rises, but profit tumbles
Delta Air Lines' (DAL) CEO Ed Bastian on Q2 2017 Results – Earnings Call Transcript
Delta Air Lines on Thursday reported an increase in quarterly passenger unit revenue, a closely watched metric, but higher costs weighed on its bottom line. Breaking a losing streak that has plagued much of the industry for the last two years, Delta

Delta Air Lines (DAL) on Thursday said that margins this year are on pace to land at the low end of its forecast, as higher fuel and labor costs dented second-quarter results. But the company said that the the worst of its cost pressures — outside of … . Investment Centers Of America Inc decreased Delta Air Lines Inc Del (DAL) stake by 37.51% reported in 2016Q4 SEC filing. Investment Centers Of America Inc sold 6,397 shares as Delta Air Lines Inc Del (DAL)'s stock declined 5.91%. The Investment

Please standby, we are about to begin. Good morning, everyone. And welcome to the Delta Air Lines June Quarter Financial Results Conference Call. My name is [ph] Michelle (00:12), and I will be your coordinator. At this time, all participants are in a. As if flying isn't frustrating enough, airfares are going up for the first time in years. Delta Air Lines (DAL) said Thursday that its passengers paid higher fares on average in the second quarter for the first time in more than two years. It also …

ATLANTA, July 13, 2017 /PRNewswire/ — Delta Air Lines (NYSE: DAL) today reported financial results for the June quarter 2017. Highlights of those results, including both GAAP and adjusted metrics, are below and incorporated here. Adjusted pre-tax …

(Reuters) – Delta Air Lines Inc (DAL.N) on Thursday reported a 21 percent drop in second-quarter profit because of sharply higher labor and fuel costs, despite higher passenger unit revenue, sending its shares down 2 percent. The stock drop reversed. Delta Air Lines Inc.DAL kick-started the second-quarter earnings season in the airline space on a disappointing note. The company's earnings as well as revenues lagged expectations. Also, the top- and bottom-line miss disappointed investors …

ATLANTA (AP) — Delta Air Lines Inc. (DAL) on Thursday reported second-quarter earnings of $1.22 billion. On a per-share basis, the Atlanta-based company said it had profit of $1.68. Earnings, adjusted for non-recurring gains, came to $1.64 per share.

For more than two years, Delta Air Lines (NYSE: DAL) tried without success to get its unit revenue growing again, after the 2014-2016 oil price crash sparked a price war among U.S. airlines. However, it finally succeeded last quarter, driven by a …

Delta Air Lines (DAL) Lags Q2 Earnings Despite PRASM Growth

The airline said it expected passenger unit revenue to rise between 2.5 percent and 4.5 percent in the current quarter. Shares of Delta fell 3 percent in premarket trading following the report. 9 Hours Ago Reuters. SHARES. Rising labor costs and mass cancellations during a spring storm dragged Delta Air Lines Inc.'s profit down 21% in the second quarter, even as revenue rose for the first time in two years. Delta shares fell 2.1% on Thursday to trade at $54.32 after the …

Delta 2Q Profit Falls, Misses Wall Street Predictions

U.S. equities enjoyed a resurgence Wednesday afternoon following testimony from Federal Reserve Chairwoman Janet Yellen, with vague assurances that further interest-rate hikes are on the way. The S&P 500 Index headed 0.7% higher, the Dow Jones

Bumped from our Delta flight — are we owed anything?

Delta Air Lines, Inc. (DAL – Free Report) is the one of the largest U.S. airlines and provides scheduled air transportation for passengers and cargo across the globe. The Atlanta, GA based Delta has reported higher-than-expected earnings in three of … . Stocks are opening slightly higher on Wall Street as technology companies and banks post gains. Consumer-focused stocks were also higher early Thursday. Target jumped 3.5 percent after raising its second-quarter forecasts. Target said its sales and

In spite of a $125 million hit due to 4,000 flight cancellations during its April meltdown, Delta Air Lines still made a $1.2 billion quarterly profit. Most of the impact from the April operational meltdown that followed a one-day storm was a $115 …

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