Investing.com - Delta Air Lines (NYSE:DAL) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Delta Air Lines announced earnings per share of $0.22 on revenue of $9.47B. Analysts polled by Investing.com anticipated EPS of $0.114 on revenue of $8.85B.
Delta Air Lines shares are up 3.92% from the beginning of the year, still down 22.32% from its 52 week high of $52.28 set on March 15, 2021. They are outperforming the S&P 500 which is down 0.84% from the start of the year.
Delta Air Lines follows other major Industrials sector earnings this month
Delta Air Lines's report follows an earnings beat by FedEx on December 16, 2021, who reported EPS of $4.83 on revenue of $23.5B, compared to forecasts EPS of $4.28 on revenue of $22.41B.
Cintas had beat expectations on December 22, 2021 with second quarter EPS of $2.76 on revenue of $1.92B, compared to forecast for EPS of $2.65 on revenue of $1.91B.
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