Able to exceed its Q1 expectations on Wednesday, Delta Air Lines stock got a further boost as President Trump’s decision to temporarily rescind reciprocal tariffs on most countries (Outside of China) sent markets soaring.
Total 2025 Q1 earnings for the S&P 500 index are expected to be up +5.8% from the same period last year on +3.8% higher revenues, which would follow the +14.1% earnings growth on +5.7% revenue growth in the preceding period.
Join us in exploring the top gainers and losers within the S&P500 index one hour before the close of the markets on Wednesday as we examine the latest happenings in today's session.
A number of stocks jumped in the afternoon session after markets rallied sharply on news that President Trump announced a 90-day tariff pause. Reciprocal tariffs were also dropped to 10% for most countries, sparking renewed optimism amid ongoing trade talks. The major stock indices rose as investors, growing impatient of seemingly irrational tariff actions, welcomed the pause as a sign of a more measured path forward.
Wall Street saw a tentative tech rebound early Wednesday, as investors begin to shrug off escalating U.S.-China trade tensions following a steep market selloff.
The airline reported a 3.3% rise in its adjusted revenue of $12.98 billion compared to an estimate of $13.46 billion, according to FinChat data. Adjusted earnings per share (EPS) stood at $0.46 versus a Street estimate of $0.39.
DAL shares up premarket after better-than-expected Q1 results. Operating revenue up 2%, adjusted EPS up 2%, passenger revenue up 3%, operating income down. Delta reduces capacity growth and manages costs to protect margins and cash flow.
Global airline Delta Air Lines (NYSE:DAL) reported Q1 CY2025 results beating Wall Street’s revenue expectations, with sales up 2.1% year on year to $14.04 billion. The company expects next quarter’s revenue to be around $16.66 billion, close to analysts’ estimates. Its GAAP profit of $0.37 per share was 6.9% below analysts’ consensus estimates.
U.S. stock futures down, focus on Delta Air, Kura Sushi, Simply Good Foods earnings. Aehr Test beats estimates, Constellation Brands reports after bell.
Well, we started off great, at least. Pre-market futures got off to a roaring start after overseas markets expressed optimism that trade deals with the U.S. were nigh.
