Delta Air Lines (DAL) Stock Surges Over 5% Amid Strong Earnings

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Dec 05, 2024
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Delta Air Lines (DAL, Financial) experienced a significant stock movement with a 5.04% increase in its share price, reaching $67.50. The trading volume was 5.26896 million shares, with a turnover rate of 0.82% and a price fluctuation of 3.10%. Recent financial reports showed Delta's revenue at $15.677 billion, net profit at $1.272 billion, and earnings per share at $1.98, with a gross profit of $2.758 billion and a P/E ratio of 9.32.

Among 24 rating institutions, 96% recommended buying, while 4% suggested selling. The airline industry saw no overall increase, but stocks like American Airlines and Ryanair showed notable gains. Delta, headquartered in Atlanta, operates a vast network, mainly profiting from transatlantic passenger services.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.