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.
包括美國航空集團公司(納斯達克股票代碼:AAL)和聯合航空控股公司(納斯達克股票代碼:UAL)在內的航空股週四下跌,這與因第二季度業績而下跌的達美航空公司(紐約證券交易所代碼:DAL)表示同情。
DAL發生了什麼:達美航空公佈的第二季度收入爲166.58億美元,超過了市場普遍預期的154.52億美元。根據Benzinga Pro的估計,該公司公佈的第二季度調整後每股收益爲2.36美元,未達到預期的每股2.37美元。
達美航空還預計,第三季度收入增長2%至4%,調整後的每股收益爲1.70美元至2美元,而預期爲每股2.06美元。據CNBC報道,由於成本上漲和產能增加打壓盈利能力,該公司的預期未達到分析師的預期。
千萬不要錯過:達美航空第二季度收益:每股收益不佳,收入超出預期,第三季度每股收益前景不佳等等
爲何重要:由於投資者擔心利潤壓力將延伸到整個行業,美國和美聯航股價同情走低。
據估計,美國航空將在7月22日公佈第二季度的收益,儘管該公司尚未確定日期。根據Benzinga Pro的估計,分析師預計,該航空公司將公佈每股收益1.08美元,收入爲144.57億美元。
美聯航將於7月17日公佈第二季度財務業績。根據Benzinga Pro的估計,該公司預計將公佈每股收益3.99美元,收入爲151.4億美元。
按飛機、運力和定期收入乘客里程來衡量,達美航空、美國航空和美聯航是世界上最大的三家航空公司。達美航空股價在上次檢查時下跌了7.5%。
AAL,UAL價格走勢:發佈時,美國股價下跌6.41%,至10.45美元,美聯航股價下跌6.05%,至44.33美元。