NEW YORK (TheStreet) -- Shares of Delta Air Lines Inc. are higher by 2.55% to $44.18 in pre-market trading on Wednesday, after the company released its 2015 first quarter earnings results, which beat analysts' expectations and improved year-over-year. Delta said its adjusted net income for the March quarter was $372 million, or 45 cents per diluted share, compared to the 44 cents per share analysts had forecast. For the 2014 first quarter Delta's earnings were 33 cents per diluted share. Delta's operating revenue grew by 5% to $9.39 million, in-line with expectations. "Delta's business is performing well, producing the best March quarter, both operationally and financially, in Delta's history," Delta CEO Richard Anderson said in a statement. "While the strong dollar is creating headwinds with international revenues, it also contributes to the lower fuel prices which will offset those headwinds with over $2 billion in fuel savings this year. We are looking at June quarter operating margins of 16% [to] 18% with over $1.5 billion of free cash flow-these record results and cash flows show that the strong dollar is a net positive for Delta," Anderson continued. Separately, TheStreet Ratings team rates DELTA AIR LINES INC as a Buy with a ratings score of B-. TheStreet Ratings Team has this to say about their recommendation: "We rate DELTA AIR LINES INC (DAL) a BUY. This is driven by several positive factors, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income."You can view the full analysis from the report here: DAL Ratings Report DAL data by YCharts Must Read: Warren Buffett's Top 25 Stocks for 2015
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