United Airlines Q2 Earnings
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Airlines stocks took off on Thursday, boosted by Delta reporting better-than-expected earnings and reinstating its full-year guidance. Here are the key chart levels to monitor for shares of three major U.
United Airlines CEO Scott Kirby believes only his carrier and Delta Air Lines are properly positioned in the US market, predicting competitors will soon need to abandon unprofitable routes.
According to a Fortune report, Delta is moving aggressively to let artificial intelligence determine what each passenger is individually willing to shell out for a ticket, with the goal of having 20% of all fares set this way by the end of the year.
Delta Air Lines is positioned in the middle among its peers for Consensus rating. It ranks at the bottom for Revenue Growth. In terms of Gross Profit, Delta Air Lines is at the top among its peers. For Return on Equity, Delta Air Lines is positioned in the middle compared to its peers.
The airline reported better earnings than expected for its latest quarter, and restored its forecast for the rest of the year.
A big reason the stock spiked 13% on Thursday was because of the outlook. It reinstated its annual guidance, calling for earnings of $5.25 to $6.25 per share for the full fiscal year. That’s down from the Q4 guidance but the company did not then foresee the first quarter economic slowdown or massive tariff impact.
Analysts expect that airlines will have a tepid earnings season as tariff uncertainty and declining U.S. dollar weigh on the industry.
6d
Stocktwits on MSNDelta’s Robust Q2 Earnings Report Lifts Airline Peers — Goldman Sachs Hikes Price TargetDelta Air Lines’ strong second-quarter earnings report and the reinstatement of its annual forecast ensured the shares of the company and its peers were among the top S&P 500 gainers on Thursday. The company’s rival,