DAL Stock Recent News
DAL LATEST HEADLINES
Over the past month, industrial stocks have taken off, with the Industrial Select Sector SPDR Fund XLI surging by 6.10%, outpacing the broader S&P 500's 3.72% gain.
The airline's latest news could have been better, but the stock remains at an excellent value on balance.
United Airlines did not mention the cost of July's CrowdStrike IT outage in its earnings report. The incident especially affected Delta, which canceled thousands of flights.
Delta said its caterer was informed of a "food safety issue" in its Detroit hub and that activity there had been suspended. Delta said no customers or employees illnesses were reported.
Although Delta Air Lines (DAL) posted mixed Q3 results on Thursday, the company's valuation and post-pandemic recovery are still enticing.
Today's Final Trades from the Investment Committee.
Delta Air Lines (DAL) reported its third quarter results, falling short of earnings estimates on revenue and profit. The airline posted revenue of $14.59 billion, slightly below the expected $14.68 billion.
Delta Air Lines continues to demonstrate resilience in the business travel sector, building on strong performance from previous quarters as it reported third-quarter financial results Thursday (Oct. 10). Corporate travel sales rose 7%, driven by the airline's focus on premium offerings, which have consistently outperformed main cabin sales.
Will McGough, Prime Capital Financial director of investments, joins 'Power Lunch' to discuss stock plays for three stocks.
Delta's president said traditional spikes in Europe bookings for July and August are becoming less pronounced. Other carriers have shifted their schedules to maintain shoulder-season European flights well into the fall.