Earnings today from Delta Air Lines were anything but inspiring. They did have a nice profit but normally the summer period is the “peak” period for airlines to earn revenue and while Delta did okay, much of the earnings growth came from lower fuel costs and controlling non-fuel related expenses as well.
Delta Air Lines Stock – Global Revenue Poor
Earnings grew in only one global region that Delta serves – Latin America. Unfortunately Latin America is not a region that contributes much to the bottom line. It assisted revenue numbers by just 6% overall. Delta needed to see more growth in the domestic and transpacific regions and that did not happen.
Delta Air Lines Stock Revenue Down 5.6%
Overall revenue was down 5.6% which means yet another company has failed to beat revenue numbers from the prior quarter and that has the stock under selling pressure today…………..The rest of this trade alert and strategy discussion on Delta Air Lines Stock (DAL) is for FullyInformed Members.
Delta Air Lines Stock (DAL Trade Alert
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Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.
