Delta Air Lines Earnings, Revenue Miss in Q3

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Delta Air Lines announced earnings per share of $-3.3 on revenue of $3.06B. Analysts polled by Investing.com anticipated EPS of $-3.03 on revenue of $3.11B.

Delta Air Lines shares are down 44.19% from the beginning of the year, still down 47.76% from its 52 week high of $62.48 set on January 17. They are under-performing the S&P 500 which is up 9.39% from the start of the year.

Delta Air Lines shares lost 2.57% in pre-market trade following the report.

Delta Air Lines’s report follows an earnings beat by FedEx on September 15, who reported EPS of $4.87 on revenue of $19.3B, compared to forecasts EPS of $2.7 on revenue of $17.55B.

Carnival ADS had beat expectations on Thursday with third quarter EPS of $-2.19 on revenue of $31M, compared to forecast for EPS of $-2.2 on revenue of $77.33M.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar