Wednesday, April 22, 2015

Amazing Numbers From Delta Air Lines


Summary

  • Delta Air Lines reported Q1'15 earnings that beat the estimates despite losses associated with fuel hedges.
  • The airline continues to face more headwinds than perceived by a market only focused on lower market fuel costs.
  • Delta continues to trade at valuation multiples substantially below other companies.
While currency headwinds and a few fare wars grab market attention, airlines like Delta Air Lines (NYSE:DAL) continue to report exceptional numbers. The market appears more concerned with the potential for rebounding fuel costs than the exceptional value presented by the stock.

Read the full article at Seeking Alpha.


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