DAL stock jumps 12% pre-market on Q1 beat, $300 mn refinery boost

DAL stock jumps 12% pre-market on Q1 beat, $300 mn refinery boost

Delta Air Lines (DAL) stock soared over 12% pre-market after beating Q1 earnings expectations, reporting $0.64 EPS on $15.9 billion revenue. The airline forecasts low-teens Q2 revenue growth and $1 billion in pre-tax profit, aided by a $300 million benefit from its refinery, helping offset higher fuel costs.

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