5 Stocks in The Limelight After Announcing Their Financial Results

In this article, we discuss the 5 stocks in the limelight after announcing their financial results. If you want to read our detailed analysis of these companies, go directly to the 10 Stocks in The Limelight After Announcing Their Financial Results.

5. Delta Air Lines, Inc. (NYSE:DAL)

Number of Hedge Fund Holders: 50

Shares of Delta Air Lines, Inc. (NYSE:DAL) rose more than two percent on Thursday, January 13, 2022, after posting better-than-expected financial results for the fourth quarter. In addition, the Georgia-based airline announced that it expects to turn a profit in 2022 despite a challenging environment in the first quarter.

Delta Air Lines, Inc. (NYSE:DAL) reported adjusted earnings of 22 cents per share, beating the consensus forecast of 16 cents per share. Revenue came in at $9.47 billion, ahead of analysts’ average estimate of $9.21 billion.

Speaking on the results, CEO of Delta Air Lines, Inc. (NYSE:DAL), Ed Bastian, said in a statement:

“2021 was a year like no other for Delta, with significant progress in our recovery supported by growing brand preference, enabling us to be the only major U.S. airline to deliver profitability across the second half of the year.”