Delta Air Lines (DAL) is expected to report Q2 earnings on Wednesday, July 25 before the market open with a conference call scheduled for 10:00 am ET.
Analysts are looking for EPS of 68c on revenue of $9.68B. The consensus range is 61c-72c for EPS, and $9.5B-$9.9B for revenue, according to First Call. On its Q1 earnings report, Delta matched EPS and narrowly beat revenue estimates. The company said FY12 profit and margin were expected to increase over FY11, even with higher fuel costs. Management also forecast a "solidly profitable" June quarter and expected operating margin of 8%-10%. Passenger unit revenue was positive during the second quarter, increasing 11% in April, 6% in May, and 8% in June. The shares have traded in a choppy pattern since Q1 results were released in April. They made a 52-week high of $12.25 in late May, but have fallen approximately 22% since then.