Delta Stock Rises on Confidence in Full-Year Outlook

Shares of

Delta Air Lines


were rising Thursday after the carrier said the outlook for its second quarter was “strong.”

Delta (ticker: DAL) rose 3.2% in premarket trading. The company missed expectations for adjusted earnings in the first three months of the year, reporting 25 cents a share compared with expectations of 29 cents. Revenue was $12.8 billion. Adjusted revenue, Delta said, was $11.8 billion. Analysts expected $12 billion.

Source: https://www.barrons.com/articles/delta-air-lines-earnings-summer-demand-stock-bb0fdb09?siteid=yhoof2&yptr=yahoo