The 1st Earnings Report of Q2 2025 🚀

Welcome to the 2nd earnings season of 2025!

We're only 10 calendar days into Q2, but so far, there have been a ton of fireworks.

From Trump's "Obliteration Day," last week, to his pivot yesterday, we know one thing's certain...

There's no telling what'll come next.

Right now, more than ever, it's paramount to stay open-minded.

Without further ado, let's talk about the 1st big earnings report of this quarter.

Here are DAL's earnings stats 👇

*Click the image to enlarge it

Delta Air Lines $DAL reported mixed results and had a muted reaction score. 

Yes, the stock was up over 20%...

But it's important to put that in context. Yesterday was a day for the history books.

The company reported revenues of $12.98B, which matched Wall Street's estimate, and earnings per share of $0.46, versus the $0.38 estimate. 

Now let's dive into the data and talk about what happened with this report 👇

DAL had its 2nd-best earnings reaction ever:

Delta Air Lines reported mixed results and rallied 23.4% with a muted reaction score of -0.64.

They reported 7% year-over-year growth for premium and loyalty revenues. This was driven by 13% growth in its American Express remuneration.

Going into the report, the market wasn't sure if they'd issue any forward guidance. However, the company issued better-than-expected guidance. 

This was like music to the market's ears. 

The stock recently attempted to break out of a massive accumulation pattern. Unfortunately (for the bulls), this attempt failed miserably and the price crashed back into its prior range.

We expect DAL to continue churning sideways in a range between 27 and 63 for the foreseeable future.

Thank you for reading.

- The Beat Report Team