Net Profit: $467 million
Net Margin: 5.7%
Net Profit excluding Specials (merger related): $549 million
Net Margin: 6.7%
Operating Profit: $852 million
Operating Margin: 10.4%
Operating Profit excluding Specials (merger related): $934 million
Operating Margin excluding Specials: 11.4%
Operating Profit excluding Specials and Profit Sharing: $1.024 billion
Operating Margin excluding Specials and Profit Sharing: 12.5%
Originally Posted by
MSPeconomist
Despite the financial report, DL's stock price is falling as of now this morning.
At first, I suspected that the "good news" was less than forecasts, but the report indicates that this is not the case.
My guess now is that the market expects other airlines to do even better in their reports to be released this week.
The fall has to do with the revenue miss. Analysts expected $8.25 billion while DL came in at $8.17 billion.
For net income excluding special items, they beat estimates by 2 cents (analyst forecast 63 cents; DL came in at 65 cents).