Delta Air Lines (DAL) reported Q1 FY2023 earnings of $0.25 per share (versus -$1.23 per share in Q1 FY2022), missing analysts’ consensus estimate of $0.30 per share.
The company’s quarterly revenues amounted to $12.759 bln (+36.5% y/y), beating analysts’ consensus estimate of $12.249 bln.
The company also issued upside guidance for Q2 FY2023, seeing EPS of $2.00-2.25 versus analysts’ consensus estimate of $1.64 and revenues of +15-17% y/y to ~$15.9-16.2 bln versus analysts’ consensus estimate of $14.3 bln.
DAL rose to $34.90 (+3.44%) in pre-market trading.
