Jul. 11 at 2:17 PM
$DAL earnings beat sparks airline sector rally! ✈️
Delta reported EPS of
$2.10, surpassing the Zacks Consensus Estimate of
$2.04, with revenues of
$16.65B also topping estimates. Strong bookings, premium ticket revenue up 5% year over year, and falling oil prices easing margin pressure are fueling this optimism. 📈
Discover what this means for airlines and ETFs like
$JETS and
$AIRL 👉 https://www.zacks.com/stock/news/2573799/airline-etfs-rally-on-deltas-bullish-outlook?cid=sm-stocktwits-2-2573799-body-1349&ADID=SYND_STOCKTWITS_TWEET_2_2573799_BODY_1349