Delta Air Lines reported third-quarter earnings on Thursday, Oct. 12.
The company’s stock is up 8.2% year-to-date through Wednesday’s close, compared to 13% for the benchmark S&P 500. All but one of the 22 analysts who cover the stock had a “buy” rating on it leading up to the results, according to Bloomberg.
“Simply put, we continue to view Delta as the industry leader among full-service airlines,” JPMorgan analysts wrote in a recent earnings-preview note. “We believe DAL has the ability to emerge from the COVID-19 crisis with higher margins.”
Delta Air Lines reported third-quarter earnings on Thursday, Oct. 12.
The company’s stock is up 8.2% year-to-date through Wednesday’s close, compared to 13% for the benchmark S&P 500. All but one of the 22 analysts who cover the stock had a “buy” rating on it leading up to the results, according to Bloomberg.
“Simply put, we continue to view Delta as the industry leader among full-service airlines,” JPMorgan analysts wrote in a recent earnings-preview note. “We believe DAL has the ability to emerge from the COVID-19 crisis with higher margins.”
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