Investing.com – Delta Air Lines (NYSE:) reported on Thursday fourth quarter that missed analysts’ forecasts and revenue that topped expectations.
Delta Air Lines announced earnings per share of $-2.53 on revenue of $3.97B. Analysts polled by Investing.com anticipated EPS of $-2.47 on revenue of $3.78B.
Delta Air Lines shares are up 0.6% from the beginning of the year, still down 35.26% from its 52 week high of $62.48 set on January 17, 2020. They are under-performing the S&P 500 which is up 1.43% from the start of the year.
Delta Air Lines shares gained 1.36% in pre-market trade following the report.
Delta Air Lines follows other major Transportation sector earnings this month
Delta Air Lines’s report follows an earnings beat by FedEx on December 17, 2020, who reported EPS of $4.83 on revenue of $20.6B, compared to forecasts EPS of $4.01 on revenue of $19.43B.
Air France KLM SA had beat expectations on January 4 with fourth quarter EPS of $-3.98 on revenue of $2.94B, compared to forecast for EPS of $-4.2 on revenue of $2.95B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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