Delta Air Lines(NYSE:DAL) stock rose by 0.41% on Thursday after the company reported its Q3 earnings results on Wednesday, October 13, 2021 at 07:30 AM.
Here's what investors need to know about the announcement.
Earnings
Delta Air Lines beat their estimated earnings by 76.47%, which surprised analysts.
Revenue was up $6,092,000,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.33, which was followed by a 1.65% increase in the share price the next day.
Here's a look at Delta Air Lines's past performance and the resulting price change:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|---|
| EPS Estimate | 0.17 | -1.40 | -3.13 | -2.51 | -3 |
| EPS Actual | 0.30 | -1.07 | -3.55 | -2.53 | -3.3 |
| Price Change % | 0.41% | 1.65% | -0.38% | -3.59% | -0.03% |
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