Delta Air Lines, Samsara And More On CNBC's 'Final Trades'
On CNBC's “Halftime Report Final Trades,” Jim Lebenthal of Cerity Partners named Delta Air Lines, Inc. (NYSE:DAL) as people are traveling.
On April 10, Delta Air Lines reported better-than-expected first-quarter earnings. The airline reported a first-quarter 2024 operating revenue growth of 8% year-over-year to $13.748 billion and adjusted operating revenue of $12.563 billion (+6% YoY), beating the consensus of $12.57 billion. Adjusted EPS was 45 cents, above the consensus of 36 cents, according to data from Benzinga Pro.
SoFi’s Liz Young named Vanguard Short-Term Treasury Index Fund ETF Shares (NASDAQ:VGSH) as her final trade.
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Joshua Brown of Ritholtz Wealth Management said he is long on Samsara Inc. (NYSE:IOT). Loop Capital analyst Mark Schappel initiated coverage on Samsara with a Buy rating and announced a price target of $42.
On March 7, Samsara reported better-than-expected fourth-quarter financial results and issued FY25 guidance above estimates. The company posted adjusted earnings of 4 cents per share, topping market estimates of 3 cents per share. Sales came in at $276.3 million beating expectations of $258.306 million. Samsara said it sees FY25 adjusted earnings of 11 cents to 13 cents per share on revenue of $1.186 billion to $1.196 billion.
Price Action:
- Delta Air Lines shares fell 0.1% to close at $47.85 on Thursday.
- Vanguard Short-Term Treasury Index Fund ETF Shares slipped 0.1% during Thursday's session.
- Samsara shares rose 0.1% to close at $31.01 during Thursday's session.
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