Delta Air Lines sees Q2 EPS $1.70-$2.30, consensus $2.23

Sees Q2 revenue down 2% to up 2%. Sees Q2 operating margin 11%-14%. “Delta delivered revenue of $13 billion, 3.3 percent higher than last year, consistent with revised guidance. Through the quarter, diverse, high-margin revenue streams showed resilience, improving over prior year and approaching 60 percent of total revenue,” said Glen Hauenstein, Delta’s president. “Based on current trends, we expect June quarter total revenue to be down 2 percent to up 2 percent over prior year, with continued resilience in premium, loyalty and international partially offsetting Domestic and main cabin softness. 2025 is playing out differently than we expected at the start of the year. As a result, we are adapting to current conditions while staying true to our long-term strategy.”