Consumer Discretionary

Delta Air Lines (NYSE:DAL) reported Q1 adjusted earnings  of $0.25 per diluted share, swinging from an adjusted loss of $1.23 per share a year earlier. Analysts polled by Capital IQ forecast adjusted EPS of $0.29. Operating revenue for the quarter ended March 31 was $12.76 billion, up from $9.35 billion a year earlier. Analysts surveyed by Capital IQ projected $12.25 billion. The air carrier said it expects Q2 adjusted EPS of $2 to $2.25 on revenue growth of more than 15% to 17%. Analysts polled by Capital IQ are looking for adjusted EPS of $1.66 and revenue of $14.31 billion. The company said it continues to expect fiscal 2023 adjusted EPS of $5 to $6 and revenue growth of more than 15% to 20%. Analysts polled by Capital IQ are looking for adjusted EPS of $5.39 and revenue of $55.92 billion.