The company’s rival, United Airlines (UAL), emerged as the top gainer in the broader S&P 500 index, with a 14.3% jump, while Delta itself rose 12% and Southwest Airlines gained over 8%.

Q2 2025 Earnings Conference Call July 10, 2025 10:00 AM ETCompany Participantsa - Corporate ParticipantDaniel Charles

A big reason the stock spiked 13% on Thursday was because of the outlook. It reinstated its annual guidance, calling for earnings of $5.25 to $6.25 per share for the full fiscal year. That’s down from the Q4 guidance but the company did not then foresee the first quarter economic slowdown or massive tariff impact.

Delta Air Lines is scheduled to release its second-quarter results Thursday, setting the tone for other carriers like United, Southwest, and American, each set to report later this month.

After a first quarter upended by a trade war, travel demand has stabilized to last year’s levels, Delta Air Lines said in its second quarter earnings release Thursday.

For the current quarter ending in September, Delta expects its per-share earnings to range from $1.25 to $1.75. The company expects full-year earnings in the range of $5.25 to $6.25 per share.

Delta Air Lines (DAL) reported second-quarter results Wednesday that came in lower than expected as hot demand for summer travel helped offset higher fuel costs.

Delta Air Lines Inc (NYSE:DAL) is set to release its Q2 2025 earnings on Jul 10, 2025. The consensus estimate for Q2 2025 revenue is $15.45 billion, and the earnings are expected to come in at $1.98 per share.

Delta Air Lines DAL reported second-quarter 2025 earnings (excluding $1.17 per share from non-recurring items) of $2.10 per share, which beat the Zacks Consensus Estimate of $2.04. Earnings decreased 11% on a year-over-year basis due to high labor costs.