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re: Delta Airlines just induced a sizeable melt
Posted on 1/12/17 at 12:22 pm to FooManChoo
Posted on 1/12/17 at 12:22 pm to FooManChoo
Imagine what would have happened if Hillary would have won.
Profits tumble
Profits tumble
quote:
Jan 12 (Reuters) - Delta Air Lines Inc on Thursday reported a 36.5 percent decline in fourth-quarter profit and forecast passenger unit revenue, a closely watched metric, to be flat to up 2 percent in early 2017. Net income fell to $622 million, or 84 cents per share, in the fourth quarter ended Dec. 31, from $980 million, or $1.25 per share, a year earlier. On an adjusted basis, the No. 2 airline by passenger traffic earned 82 cents per share. Total operating revenue fell to $9.46 billion from $9.50 billion. (Reporting by Ankit Ajmera in Bengaluru; Editing by Shounak Dasgupta)
1
Posted on 1/12/17 at 12:59 pm to Janky
quote:
Imagine what would have happened if Hillary would have won.
Profits tumble
In the short term, the stock market cares a lot less about actual results than whether they met expectation. Revenue exceeded analyst projections and earnings matched.
You might want to read WHY those numbers are what they are.
As usual, out-of-context and incomplete. Welcome to today's media.
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