Delta cuts outlook as fuel costs jump
Delta Air Lines lowered its full-year earnings and free cash flow outlook after quarterly fuel expenses rose sharply. The carrier also reported adjusted Q3 earnings and revenue that both missed estimates.
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Delta Air Lines lowered its full-year earnings and free cash flow outlook after quarterly fuel expenses rose sharply. The carrier also reported adjusted Q3 earnings and revenue that both missed estimates.
American Airlines Group Inc. (NASDAQ: AAL ) shares dipped earlier Friday, but later flattened after Delta Air Lines reported third-quarter earnings, cut its full-year guidance and detailed how it plans to absorb higher fuel costs. American stock is facing resistance. Why is AAL stock retreating? Delta Cuts Its 2026 Out
Delta Air Lines reported adjusted third-quarter EPS of $1.72 versus FactSet estimates of $1.77 and lowered full-year EPS guidance to $5.10 to $5.60 from $6.50 to $7.50. The company said fuel expenses jumped 62% in the quarter and expects $4.25-a-gallon jet fuel in the fourth quarter.
Angi (NASDAQ: ANGI ) held its second-quarter earnings conference call on Wednesday. Below is the complete transcript from the call. This transcript is brought to you APIs. For real-time access to our entire catalog, please visit for a consultation. The full earnings call is available at Summary Angi Inc. reported a 11%
Reformation said second-quarter net revenue rose 24% year over year and gave full-year 2026 guidance for net revenue and adjusted EBITDA margin. The company also said it used IPO proceeds to repay debt and reduce net leverage.
DocuSign reported Q2 revenue of $876 million, up 9% year over year, with a 32% operating margin and about $300 million in free cash flow. It also raised fiscal 2027 ARR guidance and said IAM now accounts for 15.1% of total ARR.