NYSE$DAL
Delta Air Lines Inc (DE) · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Delta reported strong profitability and nearly $2 billion of free cash flow driven by strong demand and operational performance.
Delta Air Lines reported financial results for the June quarter 2022 with a double digit operating margin. The company expects double digit operating margin in September quarter and meaningful full year profitability. They are on track to achieve 2024 targets of over $7 adj. EPS and $4 billion of free cash flow.
- Generated double digit June quarter operating margin
- Expect double digit operating margin in September quarter and meaningful full year profitability
- On track to achieve 2024 targets of over $7 adj. EPS and $4 billion of free cash flow
- Delivered adjusted revenue recovery of 99 percent with unit revenues up 20.5 percent versus 2019.
Headline financials
Revenue & EPS history
Delta · Revenue · Quarterly
$13.8B
Revenue by segment
Delta · $470M total across 1 segment · Q1 2021
- Cargo Revenue$470M—100.0%
Forward guidance
For the September quarter, Delta expects an adjusted operating margin of 11 to 13 percent, supporting their outlook for meaningful full year profitability. September quarter revenue is expected to be up 1 to 5 percent compared to 2019 with total unit revenue growth improving sequentially.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2022
+1.3%
Avg return
Earnings day
+0.9%
Avg return
5 days after
+3.0%
Avg return
30 days after
61%
42 / 69 earnings
Positive
+23.4%
Q1 2025
Best reaction
-11.3%
Q4 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +5.8% | +2.2% | +11.8% | |
| Q4 2025 | -2.6% | -0.8% | -2.2% | |
| Q3 2025 | +4.3% | +7.3% | +3.1% | |
| Q2 2025 | -0.8% | +1.8% | +0.8% | |
| Q1 2025 | +23.4% | +12.3% | +34.7% | |
| Q4 2024 | +6.0% | +6.6% | +10.9% | |
| Q3 2024 | +0.7% | +3.4% | +19.8% | |
| Q2 2024 | -6.9% | -1.8% | -16.1% | |
| Q1 2024 | +0.7% | -1.4% | +11.2% | |
| Q4 2023 | -11.3% | -12.1% | -4.1% | |
| Q3 2023 | -5.2% | -3.6% | -5.3% | |
| Q2 2023 | -3.0% | +0.9% | -7.9% | |
| Q1 2023 | +0.1% | +4.8% | -1.5% | |
| Q4 2022 | -3.4% | -3.1% | -3.6% | |
| Q3 2022 | +6.4% | +10.1% | +21.3% | |
| Q2 2022 | -4.2% | +0.2% | +11.0% | |
| Q1 2022 | +9.7% | +9.1% | -0.8% | |
| Q4 2021 | -0.7% | -2.6% | +4.2% | |
| Q3 2021 | -5.4% | -5.8% | -3.0% | |
| Q2 2021 | +0.0% | -6.7% | -3.5% | |
| Q1 2021 | -3.2% | -7.7% | -3.9% | |
| Q4 2020 | -1.2% | -0.3% | +7.0% | |
| Q3 2020 | -2.7% | -3.6% | +5.3% | |
| Q2 2020 | +6.6% | +0.9% | +7.0% | |
| Q1 2020 | -2.7% | -4.1% | -1.8% | |
| Q4 2019 | +3.6% | +4.3% | -0.6% | |
| Q3 2019 | -1.8% | -0.5% | +6.8% | |
| Q2 2019 | +3.7% | +6.2% | +0.1% | |
| Q1 2019 | +2.5% | +0.9% | -0.6% | |
| Q4 2018 | -0.5% | +0.8% | +5.7% | |
| Q3 2018 | +4.7% | +6.8% | +14.0% | |
| Q2 2018 | +1.9% | +2.6% | +9.8% | |
| Q1 2018 | +2.8% | +6.0% | +2.8% | |
| Q4 2017 | +7.1% | +6.2% | -9.7% | |
| Q3 2017 | +0.8% | +1.7% | -7.2% | |
| Q2 2017 | -0.6% | -2.7% | -10.8% | |
| Q1 2017 | -2.8% | -2.1% | +8.2% | |
| Q4 2016 | -0.4% | -2.2% | -4.2% | |
| Q3 2016 | +2.0% | +0.5% | +18.1% | |
| Q2 2016 | +1.1% | +2.5% | -8.1% | |
| Q1 2016 | -1.1% | — | — | |
| Q4 2015 | +2.7% | — | — | |
| Q3 2015 | +2.5% | — | — | |
| Q2 2015 | +1.9% | — | — | |
| Q1 2015 | +4.4% | — | — | |
| Q4 2014 | +7.3% | — | — | |
| Q3 2014 | +6.2% | — | — | |
| Q2 2014 | +1.0% | — | — | |
| Q1 2014 | +5.1% | — | — | |
| Q4 2013 | +5.7% | — | — | |
| Q3 2013 | +3.7% | — | — | |
| Q2 2013 | +5.0% | — | — | |
| Q1 2013 | +8.8% | — | — | |
| Q4 2012 | +1.2% | — | — | |
| Q3 2012 | -5.0% | — | — | |
| Q2 2012 | +0.9% | — | — | |
| Q1 2012 | -0.8% | — | — | |
| Q4 2011 | +0.3% | — | — | |
| Q3 2011 | -3.8% | — | — | |
| Q2 2011 | -4.9% | — | — | |
| Q1 2010 | +7.1% | — | — | |
| Q1 2011 | -1.2% | — | — | |
| Q4 2008 | -1.7% | — | — | |
| Q4 2010 | -1.7% | — | — | |
| Q3 2009 | +1.1% | — | — | |
| Q3 2010 | +1.1% | — | — | |
| Q4 2009 | +2.3% | — | — | |
| Q2 2009 | +2.3% | — | — | |
| Q2 2010 | +2.3% | — | — |
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