Here's an overview of the Q1 earnings for Delta Air Lines Inc (DAL):
The company reported a gain of $37 million this quarter, showing considerable improvement from the deficit of $363 million experienced during the same period last year. In terms of EPS (Earnings Per Share), it stood at $0.06 this quarter, which is significantly better than the -$0.57 reported in the same period of the previous year. After adjusting for specific items, Delta Air Lines Inc recorded an adjusted earning of $288 million, translating to $0.45 per share.
Analysts had predicted an EPS of $0.35 per share. In terms of revenue, there's an increase from $12.76 billion in the same quarter last year to $13.75 billion in Q1 of this year.
Looking ahead, Delta Air Lines Inc. has set the EPS guidance for the next quarter to be within the range of $2.20 - $2.50. Additionally, the full-year guidance for EPS falls between $6 - $7.
