Delta, AT&T earnings: What to know in markets Wednesday [Yahoo! Finance News]
AT&T Inc. (T)
Last at&t inc. earnings: 4/22 06:54 am
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Source: Yahoo! Finance News
Earnings from Delta Air Lines DALTThe airline industry has been one of the hardest hit amid the COVID-19 pandemic. Travel demand got hammered over recent months and major U.S. airlines have had to slash capacity in an attempt to preserve cash. Investors will be focusing on commentary from Delta’s management Wednesday morning for any updates on how the company is dealing with the ongoing pandemic.Delta is expected to report an adjusted loss per share of 87 cents on $9.19 billion in revenue during Q1. On April 4, Delta said that it was burning through $60 million of cash per day and expected second-quarter revenue to fall 90%. Much like the rest of the companies reporting this earnings season, Delta’s big picture and guidance will matter more much than the company’s financial results during the previous quarter.UBS pointed out that “For 2020, after factoring in the 70% grant as part of the CARES act, DAL will have about $21 billion in total debt and $4.2 billion in cash and short-term i
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News
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- AT&T to Webcast Fireside Chat with John Stankey at the UBS Global Media and Communications Conference on Dec. 9PR Newswire
- AT&T to Release Fourth-Quarter 2025 Earnings on Jan. 28PR Newswire
- What Do You Know About Black Friday? [The New York Times]The New York Times
- Bernstein Reiterates a Buy on AT&T Inc. (T), Keeps the PT [Yahoo! Finance]Yahoo! Finance
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