Delta sharply narrows losses in Q2 as CEO sees return to profitability this quarter

Delta sharply narrows losses in Q2 as CEO sees return to profitability this quarter

Delta Air Lines (DAL) on Wednesday reported a narrower than expected loss in the second quarter, with “accelerating demand” putting the airline back on a path to profitability.

Here are the main results from the Q2 report, compared to consensus estimates compiled by Bloomberg:

  • Adjusted pre tax income (loss): $881 million vs ($898 million) estimate

  • Adjusted earnings (loss) per share: ($1.07) vs ($1.42) estimate

  • GAAP earnings per share: $1.02 vs (0.17) estimate

  • Revenue: $6.3 billion vs. $6.3…


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