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Delta Air Lines (NYSE:DAL) reported strong second-quarter results with net income increasing to USD 2,130 million from USD 1,305 million the previous year, highlighting significant earnings growth.
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The S&P 500 and Nasdaq Composite reached new record highs, driven by Delta's optimistic earnings forecast and Nvidia's milestone valuation. Despite concerns over tariffs led by President Trump, ...
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Kicking off the Q2 earnings season, Delta Air Lines beat its quarterly expectations on Thursday and boosted investor sentiment after officially announcing a dividend increase.
Delta is improving its pandemic-weakened balance sheet, with around 1.6 times net debt/EBITDA at the end of 2024, down from just over 3 times at the end of 2023. Among airlines, it looks pretty good.
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