This week marked the start of earnings season with several major companies reporting results, including Delta Air Lines and PepsiCo, while the big banks like JPMorgan Chase, Citigroup, and Wells Fargo are set to report next week. Investors are closely watching these early reports for cues on the broader economic landscape amid ongoing uncertainties.
Shares of an AI server maker reversed some of their recent gains, while airline stocks climbed as strong premium and corporate travel sales helped a major carrier top quarterly estimates.
Delta Air Lines reported strong Q3 results with growing premium ticket revenue, improved cash flow, and reduced debt. DAL's premium strategy is working, but the airline remains highly cyclical and exposed to sudden setbacks, especially given its debt load. Management raised free cash flow guidance and continues to prioritize debt reduction, reinvestment, and shareholder returns.
Major U.S. equities indexes pulled back Thursday after the S&P 500 and Nasdaq set fresh all-time highs. The Dow Jones Industrial Average, S&P 500, and Nasdaq all were lower at midday.
Delta Air Lines, Inc. (NYSE:DAL ) Q3 2025 Earnings Call October 9, 2025 10:00 AM EDT Company Participants Julie Stewart - Vice President of Investor Relations Ed Bastian - CEO & Director Glen W. Hauenstein - President Daniel Janki - Executive VP & CFO Tim Mapes - Senior VP & Chief Communications Officer Conference Call Participants Duane Pfennigwerth - Evercore ISI Institutional Equities, Resea...
Shares of the largest U.S. airline by market capitalization traded 4% higher by midday Thursday after it unveiled quarterly earnings.
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