Delta Air Lines

Q2 FY2026 EarningsQ2 FY2026 adjusted results delivered a solid beat on earnings despite high fuel costs: adjusted EPS of $1.56 exceeded the $1.50 consensus, while adjusted revenue of $17.67B was roughly in-line with expectations. Strong premium and loyalty momentum (up 17% and 19% respectively) offset a 75% YoY surge in adjusted fuel prices. Management's Q3 guidance for EPS of $2.00-$2.50 is significantly above the $1.70 prior year comparison, supported by mid-teens revenue growth and double-digit margins.