Delta Air Lines (DAL, US) exceeded Q2 expectations and resumed its annual profit target as demand rebounded.
Wisdom Financial APP learned that Delta Air Lines (DAL.US) announced its second-quarter financial report before the market opens on July 10th, Eastern Time. The Q2 revenue was approximately 16.65 billion US dollars, flat compared to the same period last year; adjusted earnings per share were $2.10, higher than the average analyst expectation of $2.07 from Bloomberg. After canceling its full-year profit target three months ago, Delta Air Lines released a new annual profit forecast on Thursday. This move sends a positive signal: after the initial impact of the trade war led by U.S. President Donald Trump, market demand is gradually recovering.
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