Delta Air Lines Inc (NYSE:DAL) stock is up 6.8% to trade at $38.32 at last check, after the company shared better-than-expected first-quarter earnings of 46 cents per share and met revenue expectations.
Delta Air Lines Inc (NYSE:DAL) shares gained altitude after the airline reported better-than-expected results for the March quarter. Earnings per share of $0.46 beat estimates of $0.39 while revenue of $14.04 billion was ahead of the consensus of $13.46 billion.
Delta Air Lines reported a stronger-than-expected profit for the first quarter but warned that growth is slowing due to global trade uncertainties and softer booking trends. The airline, which had entered 2025 with optimism, is now scaling back its capacity expansion plans for the second half of the year.
Delta Air Lines (DAL -3.77%) reported first-quarter 2025 earnings on Wednesday, April 9, that matched or exceeded analysts' consensus expectations. Adjusted earnings per share of $0.46 came in ahead of estimates for $0.38 but came in below management's Jan. 10 guidance of $0.70 to $1.00.
Delta Air Lines (DAL) shares rose in premarket trading Wednesday after the carrier's fiscal first-quarter results came in better than analysts had expected.
Delta Air Lines says that global economic uncertainty over tariffs is hurting bookings. "Growth has largely stalled," CEO Ed Bastian said in the airline's first-quarter earnings release.
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