Deltas operating losses during the pandemic have totaled 98 billion heading into. Delta Air Lines last posted its earnings results on October 13th 2021.
Delta Announces March Quarter 2020 Financial Results And Covid 19 Response Actions Delta News Hub
Condensed Consolidated Statements of Operations and Comprehensive Loss Income Unaudited Three Months Ended June 30 Six Months Ended June 30 in millions except per share data 2020 2019 2020 2019 Operating Revenue.
Delta airlines quarterly earnings 2020. Highlights of the December quarter and full year 2020 results including both GAAP and adjusted metrics are on page five and are incorporated here. 13 2020 Delta Air Lines NYSEDAL today reported financial results for the Septemberquarter 2020. September quarter 2020 adjusted pre-tax loss of 26billion and adjusted loss per share of 33 0on adjusted revenue of 26billion.
Passenger revenues declined 74 percent on 62 percent lower sellable capacity. That would contrast with a loss of 330 a share in the third quarter of 2020. Delta Air Lines NYSEDAL which reported quarterly earnings today hasnt been immune to the decline.
The company posted an adjusted loss per share of 107 the smallest adjusted loss per share since the. Delta ended 2020 with 167 billion in liquidity. Cash generated from operations during the quarter was 19 billion including the benefit from the payroll support programs.
Deltas adjusted operating revenue of 35 billion for the December quarter was down 69 percent versus the prior year period a 10-point improvement from September quarter 2020. Delta was able to cut its daily cash burn by more than 44 from roughly 43 million during the second quarter to an average of 24 million a day. Wall Street expects Delta to lose 86 cents per share on revenue of 936 billion.
Delta ended the September quarter 2020 with 216 billion in liquidity. Delta reported Q2 FY 2021 earnings that beat analysts expectations. The FactSet consensus calls for Delta to report adjusted per-share earnings of 15 cents for the quarter.
Delta Air Lines will likely report its financial results for the second quarter of fiscal 2020 on July 14 after the market. DELTA AIR LINES INC. September quarter 2020 GAAP pre-tax loss of 69 billion and loss per share of 847 on total revenue of 31 billion September quarter 2020 adjusted pre-tax loss of 26 billion and adjusted loss per share of 330 on adjusted revenue of 26 billion Delta ended the September quarter 2020 with.
The company had revenue of 915 billion for the quarter compared to analyst estimates of 846 billion. Airline to report second-quarter earnings. The transportation company reported 030 EPS for the quarter beating analysts consensus estimates of 015 by 015.
But last quarter was much better than the losses it and other airlines have reported since the start of 2020. Delta Reports Massive 7 Billion Loss in Second Quarter. Lets put it this way.
Delta Air Lines this morning became the first US. This compares to the year-ago quarter when earnings came to 96 cents per share on revenue of 1047 billion. 14 2021 Delta Air Lines NYSEDAL today reported financial results for the December quarter and full year 2020 and provided its outlook for the March quarter 2021.
After a full three months full of depressed traffic and drastic cost-cutting measures coming on the heels of huge industry fallout stemming from the COVID-19 pandemic the airline reported a loss of 7 billion on revenue of only 15 billion. DAL stock is still more than 60 off its 2020 high and thats. Passenger 678 11368 8247 20622 Cargo 108 186 261 378.
Delta Earnings History. Oct 1 2020 1230PM EDT. The airline sectors second-quarter earnings season starts this week.
DAL Earnings Information. Since October 2020 Delta has reduced its financial obligations by 11 billion freeing 6 billion in collateral and driving 500 million in annualized pension and interest expense savings. Delta Air Lines Inc.
Wall Street expects a year-over-year decline in earnings on lower revenues when Delta Air Lines DAL reports results for the quarter ended September 2020. Good morning everyone and welcome to the Delta Air Lines March Quarter Financial Results Conference Call.
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