Delta’s Profits Continue To Surge As Crude Oil Prices Remain Low In 1Q’16
Delta Air Lines (NYSE:DAL), which kick-started the earnings season by releasing its March 2016 financial results on 14th April 2016, missed the consensus estimate for revenue slightly, as the foreign currency headwinds continued to pull down its top line during the quarter. However, the Atlanta-based airline comfortably exceeded the earnings expectations by posting an EPS (adjusted) of $1.32 per share, which was driven by the lower fuel costs owing to depressed crude oil prices during the quarter. Below we provide a summary of the key trends witnessed in Delta’s first quarter earnings release.
Have more questions about Delta Air Lines (NYSE:DAL)? See the links below:
- What Should We Expect From Delta’s 1Q’16 Results?
- How Did The Legacy Carriers Perform Operationally In January?
- Why Did Delta’s Operating Margin Soar In 2015?
- Delta Air Lines: The Year 2015 In Review
- How Will Delta’s Revenue And EBITDA Grow Between 2015 and 2018?
- How Has Delta’s Revenue And EBITDA Changed Over The Last Five Years?
- What Is Delta’s Revenue And EBITDA Brekdown?
- What Is Delta’s Fundamental Value Based On Estimated 2016 Numbers?
- How Has Delta’s Revenue And EBITDA Composition Changed Over The Last Five Years?
- What’s Next For Delta Air Lines Stock After 10% Gains In A Month And An Upbeat Q1?
- Should You Pick Delta Stock Around $40 After Its Q4 Beat?
- After Over 20% Gains In 2023 Will Delta Air Stock Outperform Alaska Air?
- Should You Pick Delta Stock At $34 After Q3 Beat?
- What To Expect From Delta’s Q3?
- Which Is A Better Pick – Delta Stock Or United Airlines?
Notes:
1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for Delta Air Lines Limited
View Interactive Institutional Research (Powered by Trefis):
Global Large Cap | U.S. Mid & Small Cap | European Large & Mid Cap