earnings
confidence high
sentiment positive
materiality 0.85
Delta Q2 adjusted EPS $1.56, revenue $17.7B (+14% YoY); guides Q3 EPS $2.00-$2.50, raises dividend 15%
DELTA AIR LINES, INC.
- GAAP EPS $2.44, adjusted EPS $1.56; adjusted operating margin 8.8% vs prior year 13.3%.
- Record adjusted revenue $17.7B (+14% YoY) on ~1% capacity growth; unit revenue (TRASM) up 12.4%.
- September quarter guidance: revenue up mid-teens, operating margin 11-13%, EPS $2.00-$2.50.
- Full-year 2026 guidance affirmed: adjusted EPS $6.50-$7.50, free cash flow $3-$4B.
- Dividend increased 15% starting September quarter; adjusted net debt reduced $709M to $13.6B.