📊 PRO: This Week in Visuals
Earnings season kicks off: DAL, STZ, TLRY
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A new earnings season is upon us!
Let's visualize the performance of 3 companies that reported their earnings this week.
Next week, we’ll dive into US Banks and TSMC.
Today at a glance:
🛩️ Delta: Premium Pays Off
🍺 Constellation: Shifting Habits
🌿 Tilray: Beverage To The Rescue
1. 🛩️ Delta: Premium Pays Off
Delta reported Q4 revenue growth of 9% Y/Y to $15.6 billion ($1.08 billion beat), with adjusted EPS of $1.85 ($0.11 beat). The airline highlighted strong demand for premium seats and international travel, with premium revenue growing 6 percentage points faster than the main cabin. Delta’s investments in upscale products like enhanced lounges and high-end cabins are attracting both leisure and corporate travelers.
CEO Ed Bastian described the current supply-demand balance as the best he’s seen, supported by double-digit growth in corporate travel and a rebound in transatlantic bookings. Looking ahead, Delta expects FY25 to deliver its best financial results ever, including adjusted EPS above $7.35 and free cash flow of over $4 billion. The company recently signed a new partnership with Uber for its SkyMiles program, ending the existing one with Lyft.