Post-earnings recap
Reported
Tue, Apr 26, 2011
Est. EPS
—
Est. revenue
—
Implied move
—
EPS beat rate
88%
—
Est. EPS
—
Est. Rev
—
Impl. Move
—
Delta Air Lines reported a larger-than-expected loss per share, but the stock surged 11% in response. This increase may reflect investor optimism about future recovery, despite the lack of revenue data and management commentary. The market seems to be reacting positively to the smaller-than-expected loss.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $-0.38 | N/A | +24.00% |
| Revenue | N/A | N/A | N/A |
No transcript is on record, and the analysis is based solely on numerical results.