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Stock impact report

Delta Air Lines, Inc. Earnings: A Big Step Forward [The Motley Fool]

Delta Air Lines, Inc. (DAL) 
Last delta air lines, inc. earnings: 4/22 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.delta.com
Company Research Source: The Motley Fool
The airline giant thinks it can stabilize its profitability in the fourth quarter, despite yet another surge in jet fuel prices. Delta Air Lines ( NYSE:DAL ) stock has been stagnant for years as the company has struggled to meet its earnings targets. During 2015 and 2016, Delta gradually surrendered virtually all of its savings from falling fuel prices through unit revenue declines. In 2017 and 2018, fuel prices have rebounded quickly, more than offsetting the benefit from a return to unit revenue growth. During 2018, Delta's management has repeatedly projected that the carrier would be able to stabilize its profitability by year-end. A recent fuel price spike appeared to put this target in jeopardy . Delta posted solid Q3 earnings results on Thursday. Image source: Delta Air Lines. However, on Thursday, Delta Air Lines reported slightly better than expected earnings for the third quarter. Moreover, its Q4 guidance showed that it is on track to stabilize its pr Show less Read more
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