Delta Air Lines (DAL) reported earnings of $1.28 per share on revenue of $14.22 billion versus estimates of $1.17 per share on revenue of $13.54 billion. This beat earnings from last year for the same quarter when they reported $1.48 per share on revenue of $12.3 billion.
I entered a new trade this morning following their earnings release.
The rest of this trade alert and ideas article is for FullyInformed Members.
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.