Thursday, April 13, 2023

Delta Q1 Loss Narrows; Sees Q2 Earnings Above Market, Backs FY23 View

Delta Air Lines, Inc. reported Thursday narrower net loss in its first quarter with strong growth in revenues. Adjusted earnings missed market estimates. Further, the company issued second-quarter outlook, expecting earnings above market with strong revenues, and also reiterated fiscal 2023 view. In pre-market activity on Nasdaq, the shares were gaining around 4 percent.

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