Delta Air Lines Surges to 89th in Trading Volume with $1.716 Billion Turnover

Generated by AI AgentAinvest Market Brief
Wednesday, Apr 9, 2025 8:02 pm ET1min read
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On April 9, 2025, Delta Air LinesDAL-- (DAL) saw a significant surge in trading volume, with a turnover of $1.716 billion, marking an 86.15% increase from the previous day. This surge placed DeltaDAL-- in the 89th position in terms of trading volume for the day. The stock price of Delta Air Lines also rose by 23.38%.

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, with an operating margin of 4.0 percent. The company's earnings per share (EPS) for the first quarter of 2025 was $0.46, surpassing forecasts by 4.5%. This strong performance was driven by a new quarterly revenue record of $14 billion, which exceeded the consensus estimate of $13.11 billion.

Delta Air Lines has provided guidance for the second quarter of 2025, expecting revenue to either rise or decline by 2% and adjusted EPS to range from $1.70 to $2.30. However, this guidance falls short of the consensus estimate of $2.41. The airline has also withdrawn its financial forecast for 2025, citing the impact of Trump tariffs and a projected decline in travel demand for the current quarter.

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