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Delta’s stock turns red after airline provides strong outlook but misses profit forecast

Clyde Edgerton by Clyde Edgerton
April 13, 2023
in Markets
Delta’s stock turns red after airline provides strong outlook but misses profit forecast
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Shares of Delta Air Lines Inc. reversed lower Thursday, after first-quarter profit came up shy of expectations even as revenue rose above forecasts, and as the air carrier said its current quarter was off to strong start.

The company reported before the opening bell a net loss that narrowed to $363 million, or 57 cents a share, from $940 million, or $1.48 a share, in the same period a year ago.

Excluding…



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