As Delta Air Lines, Inc. (NYSE:DAL) prepares to unveil its second-quarter earnings on July 10, the aviation giant finds itself at a critical juncture, facing a potential dip in profits amid a backdrop of strategic investments and shifting market dynamics.
Analysts expect the company to report quarterly earnings at $2.03 per share, down from $2.36 per share in the year-ago period. Delta Air Lines projects to report quarterly revenue of $16.18 billion, compared to $16.66 billion a year earlier, according to data from Benzinga Pro.
Delta Air Lines and Korean Air announced on May 9 that they will be purchasing minority stakes worth a combined $550 million in Canadian carrier WestJet.
With the recent buzz around Delta Air Lines, some investors may be eyeing potential gains from the company’s dividends. As of now, Delta Air Lines …