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Benzinga
Benzinga
Business
Henry Khederian

Here's Why Delta Air Lines Shares Are Rising

Delta Air Lines, Inc. (NYSE:DAL) shares are trading higher by 2.73% at $42.16 after multiple analysts set bullish ratings on the stock and raised their price targets, respectively, following the company’s first-quarter earnings results.

Delta Air Lines Wednesday reported quarterly losses of $1.23 per share which beat the analyst consensus estimate of a loss of $1.37. Delta Air Lines also reported quarterly sales of $8.20 billion which missed the analyst consensus estimate of $8.76 billion by 6%.

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