- Company News: Delta Air Lines (DAL) posts bigger-than-expected quarterly loss
Market news
14 July 2020
Company News: Delta Air Lines (DAL) posts bigger-than-expected quarterly loss
Delta Air Lines (DAL) reported Q2 FY 2020 loss of $4.43 per share (versus earnings of $2.35 per share in Q2 FY 2019), worse than analysts’ consensus estimate of -$4.24 per share.
The company’s quarterly revenues amounted to $1.468 bln (-88.3% y/y), beating analysts’ consensus estimate of $1.402 bln.
DAL fell to $26.50 (-1.45%) in pre-market trading.
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