Delta Air Lines earnings fail, revenue top Q4 by Investing.com

© Reuters. Delta Air Lines earnings fail, revenue top in fourth quarter

Investing.com – Delta Air Lines (NYSE 🙂 reported on Thursday the fourth quarter that it missed analyst forecasts and that revenue was above expectations. Delta Air Lines announced earnings per share of $ -2.53 on revenue of $ 3.97B. Analysts surveyed by Investing.com anticipated EPS of $ -2.47 on revenue of $ 3.78B. Delta Air Lines shares are up 0.6% since the beginning of the year, still 35.26% from their 52-week high of $ 62.48 set on January 17, 2020. They underperform the S&P. 500, which is up 1.43% since the start of the year. Delta Air Lines shares gained 1.36% in premarket trading following the report. Delta Air Lines follows other major transportation sector gains this month Delta Air Lines report follows earnings from FedEx on December 17, 2020, which reported EPS of $ 4.83 on revenue of $ 20.6B, compared to earnings. EPS forecast of $ 4.01 on revenue of $ 19.43B. Air France KLM SA beat expectations on January 4 with a fourth quarter EPS of $ -3.98 on revenue of $ 2.94 billion, compared to EPS forecast of $ -4.2 on revenue of $ 2.95 billion. Stay up-to-date on all upcoming earnings reports by visiting the Investing.com earnings calendar.

Disclaimer: Fusion Media wishes to remind you that the data contained on this website is not necessarily accurate or in real time. All CFDs (stocks, indices, futures) and Forex prices are not provided by exchanges but by market makers, so the prices may not be accurate and may differ from the actual market price, which means that prices are indicative and not appropriate for commercial purposes. Therefore, Fusion Media assumes no responsibility for any business losses you may incur as a result of the use of this data. Fusion Media or anyone involved with Fusion Media will accept no responsibility for loss or damage as a result of reliance on information, including data, quotes, charts, and buy / sell signals contained on this website. Be fully informed about the risks and costs associated with trading financial markets, it is one of the riskiest investment forms possible.