Delta, JetBlue, and Pricy Jeans
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 10 April 2019
⏱️ 14 minutes
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Summary
Delta Air Lines posts a strong 1st quarter. Analyst Emily Flippen shares why she’s not surprised, and why JetBlue’s reported move to transatlantic routes is a smart one. Levi Strauss delivers its first quarterly report as a public company, but we can’t get over how expensive it looks. Plus, with earnings season getting ready to heat up Emily shares why she’s looking forward to the latest report from Atlassian.
Transcript
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| 0:00.0 | It's Wednesday, April 10th. |
| 0:04.0 | Welcome to Market Fullry. |
| 0:05.0 | I'm Chris Hill joining me in studio today, the one and only, Emily Flipping. |
| 0:08.0 | Thanks for being here. |
| 0:09.0 | Thanks for having me. |
| 0:10.0 | Happy Wednesday. |
| 0:11.0 | Happy Wednesday. |
| 0:12.0 | Happy Wednesday. Why are we whispering? |
| 0:14.0 | Hump day. |
| 0:16.0 | So earning season really starts to, I don't want to say kick into high gear, but definitely starts to heat up next week but we do have some earnings this morning |
| 0:26.0 | We've got airlines we've got amazingly we have Levi Strauss reporting earnings |
| 0:31.6 | We'll get that. |
| 0:32.7 | Let's start with Delta though, because Delta Airlines |
| 0:35.0 | reported record revenue in the first quarter. |
| 0:38.0 | Strong profits, they look like they're doing a good job |
| 0:42.1 | on holding the line on expenses this I mean |
| 0:44.9 | you tell me I was there anything of note to be worried about with Delta this looked |
| 0:50.2 | like a really strong report yeah, great report from Delta not completely |
| 0:54.2 | unexpected because last week they did raise revenue guidance citing healthy |
| 0:59.4 | demand and the company beat on both revenue and earnings actually recognizing record high revenue at $10.4 billion. |
| 1:09.0 | But that's still only about a 7.5% increase year of a year, which is small I think for the |
| 1:15.1 | economy that we're in right now, but significant for the airline industry as a |
... |
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