Delta airlines share price

Delta Air Lines, Inc. is a major U.S. airline. One of the oldest airlines in operation, it is the world's second largest airline by the number of scheduled passengers carried, revenue passenger kilometers flown, and fleet size. Delta was founded in 1929 and is headquartered in Atlanta, GA, the largest of its nine hubs. WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security. Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.

What happened Delta Air Lines ( 1.64%) beat analyst expectations in the third quarter but warned it expects the last three months of the year to be weighed down by higher fuel costs. Investors are heading for the exits on Thursday, sending shares down about 5%. So what Delta earned $0.30 per share in the quarter, well ahead of analyst expectations of $0.17 per share, on revenue that at $8.3 billion roughly matched expectations. The airline said it experienced a midquarter lull as COVID cases spiked higher, but traffic recovered toward the end of the period. Image source: Delta Air Lines. But the airline is not as upbeat about the fourth quarter, warning that higher fuel prices could cause it to report a loss. Delta is forecasting an average fuel price of $2.40 per gallon in the current quarter, up from $1.94 per gallon in the third quarter. "While demand continues to improve, the recent rise in fuel prices will pressure our ability to remain profitable for the December quarter," CEO Ed Bastian said in a statement. "As the recovery progresses, I am confident in our path to sustained profitability as we continue to provide best-in-class service to our customers, strengthen preference for our brand, while creating a simpler, more efficient airline." Delta and other Now what The next few months might be difficult, but Delta appears to be flying in the right direction. The airline appears on track to be profitable in 2022, aided by a gradual return in business travel. Delta sai...

Shares of Delta Air Lines Inc. +1.64% inched 0.43% higher to $39.28 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index +1.22% rising 0.11% to 4,298.86 and the Dow Jones Industrial Average +1.26% rising 0.13% to 33,876.78. This was the stock's 11th consecutive day of gains. Delta Air Lines Inc. closed $1.06 short of its 52-week high ($40.34), which the company achieved on February 2nd. The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Southwest Airlines Co. +1.19% rose 0.10% to $30.62, United Airlines Holdings Inc. +0.43% rose 1.10% to $50.42, and American Airlines Group Inc. +0.36% rose 1.76% to $15.57. Trading volume (14.9 M) eclipsed its 50-day average volume of 10.4 M. Editor's Note: This story was auto-generated by Read Next U.S. stocks finished sharply higher Thursday with the S&P 500 index and Nasdaq Composite scoring their highest closes in 14 months as investors digested a raft of U.S. economic data while shrugging off a hawkish Federal Reserve and another interest-rate hike from the European Central Bank.

Delta Air Lines Company Info Delta Air Lines, Inc. engages in the provision of scheduled air transportation for passengers and cargo. It operates through the Airline and Refinery segments. The Airline segment provides scheduled air transportation for passengers and cargo. The Refinery segment provides jet fuel to the airline segment. The company was founded by Collett Everman Woolman in 1928 and is headquartered in Atlanta, GA.

Company Information Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo throughout the United States and across the globe. The Company's segments include Airline and Refinery. The Company has hubs and market presence in Amsterdam, London-Heathrow, Mexico City, Paris-Charles de Gaulle and Seoul-Incheon. Its airline segment is managed as a single business unit that provides scheduled air transportation for passengers and cargo throughout the United States and around the world and includes its loyalty program, as well as other ancillary airline services. Its refinery segment operates for the benefit of the airline segment by providing jet fuel to the airline segment from its own production and through jet fuel obtained through agreements with third parties. The refinery's production consists of jet fuel, as well as non-jet fuel products. It also provides maintenance and engineering support for its fleet of approximately 1,250 mainline and regional aircraft.