Delta Air Lines Stock Plummets 11.09% Despite Record Revenue 14 Billion 142nd in Trading Volume

Generated by AI AgentAinvest Market Brief
Thursday, Apr 10, 2025 8:00 pm ET1min read

On April 10, 2025,

(DAL) experienced a significant drop in its stock price, falling by 11.09%. The trading volume for the day was 8.01 billion, a 53.42% decrease from the previous day, placing it at the 142nd position in terms of trading volume for the day.

Delta Air Lines reported its financial results for the March quarter of 2025, revealing an operating revenue of $14.0 billion and an operating income of $569 million. The company's net income for the quarter was $240 million, with diluted earnings per share standing at $0.37. This performance marked a new record for the airline in terms of first-quarter revenue, reaching $14 billion.

Despite the strong financial performance, Delta's stock price saw a decline. The company provided guidance for the second quarter, expecting revenue to either rise or fall by 2% and adjusted earnings per share to range from $1.70 to $2.30, which is below the consensus estimate of $2.41. This guidance, along with the market's reaction to the earnings report, contributed to the stock's decline.

During the earnings call, Delta's management highlighted that the company's first-quarter earnings per share of $0.46 exceeded forecasts by 4.5%. However, the market's focus on the guidance for the second quarter and the potential for revenue volatility likely overshadowed the positive earnings surprise, leading to the stock's decline.

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