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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