Is Delta Air Lines Stock a Buy Before Friday's Earnings Report?
The airline kicks off earnings season Friday. Is the stock worth buying ahead of it?
Overview
Earnings season is about to begin, and Delta Air Lines (NYSE: DAL) is one of the first big names up. The carrier reports second-quarter results Friday, July 10, before the market opens, among the earliest S&P 500 companies to do so. With the stock up about 35% this year as of this writing, is it worth buying ahead of the report?
Let's look at what Delta told investors last quarter, what it has guided for this one, and how the valuation stacks up.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
Related Articles
- Why the world’s best-performing stock market this year fell into bear territory
- No Forward-Looking Guidance Needed: Fed Chair Kevin Warsh Just Dropped an Unmistakable Clue About Interest Rates
- The Stock Market Just Made a Move That Warren Buffett Has Called "Playing With Fire." History Shows He's Right.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.