Delta Air Lines, Inc. (DAL) experienced a price decrease of $1.16, closing at $67.05 with a 1.7% drop from the previous session. Trading volume was $1.63 million, 13.72% above the average.
DAL's latest quarterly earnings report on April 7th revealed an earnings per share of $0.64, surpassing the consensus estimate of $0.58.
The company's forward dividend yield stands at 1.12%, with a dividend per share MRQ of 18.75 cents, reflecting a decrease of 2.5 cents year-over-year.
DAL generated a free cash flow of $1.23 billion, with a net cash increase of $734 million. Notable cash activities include debt repayment of $314 million.
Revenues amounted to $15.85 billion, with a gross profit of $4.54 billion. Operating income was $501 million, while the net income showed a loss of $289 million.
Key ratios show a mixed performance with a negative net profit margin of -1.82% and a price-to-earnings ratio of -37.5.
Total assets stand at $84.43 billion, with total liabilities of $64 billion. Notably, the company holds $5 billion in cash and cash equivalents.
This report reflects DAL's financial status, showcasing challenges in earnings despite stable cash flows and a strong asset position. Investors are advised to monitor earnings trends closely.
Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its domestic network centered on core hubs in Atlanta, Minneapolis-St. Paul, Detroit, and Salt Lake City, as well as coastal hub positions in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle; and international network centered on hubs and market presence in Amsterdam, Mexico City, London-Heathrow, Paris-Charles de Gaulle, and Seoul-Incheon. The company sells its tickets through various distribution channels, including delta.com and the Fly Delta app, reservations, online travel agencies, traditional brick and mortar, and other agencies. It also provides aircraft maintenance and engineering support, repair, and overhaul services; and vacation packages to third-party consumers, as well as aircraft charters, and management and programs. The company operates through a fleet of approximately 1,200 aircrafts. Delta Air Lines, Inc. was founded in 1924 and is based in Atlanta, Georgia.