Overview
- Delta reported adjusted second-quarter earnings per share of $2.10 on revenue of $15.5 billion, beating analyst estimates.
- The carrier reinstated its full-year 2025 EPS guidance at $5.25 to $6.25 after withdrawing its forecast in April amid tariff uncertainty.
- Bookings have stabilized and returned to year-ago levels following earlier declines linked to trade-related consumer hesitation.
- Premium-class ticket revenue rose 5% and loyalty revenue climbed 8%, offsetting a 5% drop in main-cabin ticket sales.
- Delta projected third-quarter adjusted EPS of $1.25 to $1.75 with revenue flat to up 4% and plans surgical capacity cuts alongside non-fuel cost controls.