Delta Earnings Beat Expectations

Delta Earnings Beat Expectations

Josh Jurbala, quantitative investments manager at Adviser Investments, has the market analysis for Thursday, July 11. Major U.S. market indexes closed with mixed results, with the Dow Jones Industrial Average and S&P 500 up 0.8% and 0.2%, respectively, and the NASDAQ Composite dipping less than 0.1%. In earning news, Delta Air Lines’ stock rose nearly 2% after beating second-quarter earnings expectations. The company posted quarterly earnings of $2.35 per share on $12.5 billion in revenue—a new record high as earnings continue to be boosted by robust summer travel bookings.

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