Airline stocks including American Airlines Group Inc (NASDAQ:AAL) and United Airlines Holdings Inc (NASDAQ:UAL) are losing altitude Thursday in sympathy with Delta Air Lines Inc (NYSE:DAL), which fell on second-quarter earnings results.
What Happened With DAL: Delta reported second-quarter revenue of $16.658 billion, beating the consensus estimate of $15.452 billion. The company reported second-quarter adjusted earnings of $2.36 per share, missing estimates of $2.37 per share, according to estimates from Benzinga Pro.
Delta also guided for third-quarter revenue growth of 2% to 4% and adjusted earnings of $1.70 to $2 per share versus estimates of $2.06 per share. The company's guidance fell short of analyst estimates as rising costs and increased capacity weigh on profitability, per CNBC.
Don't Miss: Delta Air Lines Q2 Earnings: EPS Miss, Revenue Beat, Underwhelming Q3 EPS Outlook And More
Why It Matters: American and United shares are trading lower in sympathy as investors fear the pressure on profits will extend across the industry.
American is estimated to report earnings for the second quarter on July 22, although a date has not yet been set by the company. Analysts expect the airline to report earnings of $1.08 per share and revenue of $14.457 billion, according to estimates from Benzinga Pro.
United is due to report second-quarter financial results on July 17. The company is expected to report earnings of $3.99 per share and revenue of $15.14 billion, according to estimates from Benzinga Pro.
Delta, American and United are three of the largest airlines in the world measured by aircraft, capacity and scheduled revenue passenger miles. Delta shares were down 7.5% at last check.
AAL, UAL Price Action: American shares were down 6.41% at $10.45 and United shares were down 6.05% at $44.33 at the time of publication.
包括美国航空集团公司(纳斯达克股票代码:AAL)和联合航空控股公司(纳斯达克股票代码:UAL)在内的航空股周四下跌,这与因第二季度财报而下跌的达美航空公司(纽约证券交易所代码:DAL)表示同情。
DAL发生了什么:达美航空公布的第二季度收入为166.58亿美元,超过了市场普遍预期的154.52亿美元。根据Benzinga Pro的估计,该公司公布的第二季度调整后每股收益为2.36美元,未达到预期的每股2.37美元。
达美航空还预计,第三季度收入增长2%至4%,调整后的每股收益为1.70美元至2美元,而预期为每股2.06美元。据CNBC报道,由于成本上涨和产能增加打压盈利能力,该公司的预期未达到分析师的预期。
千万不要错过:达美航空第二季度收益:每股收益不佳,收入超出预期,第三季度每股收益前景不佳等等
为何重要:由于投资者担心利润压力将延伸到整个行业,美国和美联航股价同情走低。
据估计,美国航空将在7月22日公布第二季度的收益,尽管该公司尚未确定日期。根据Benzinga Pro的估计,分析师预计,该航空公司将公布每股收益1.08美元,收入为144.57亿美元。
美联航将于7月17日公布第二季度财务业绩。根据Benzinga Pro的估计,该公司预计将公布每股收益3.99美元,收入为151.4亿美元。
按飞机、运力和定期收入乘客里程来衡量,达美航空、美国航空和美联航是世界上最大的三家航空公司。达美航空股价在上次检查时下跌了7.5%。
AAL,UAL价格走势:发布时,美国股价下跌6.41%,至10.45美元,美联航股价下跌6.05%,至44.33美元。