RYAAY's Q1 profit declines 34% as lower fares and higher unhedged fuel costs outweighed 6% traffic growth, with pricing visibility still limited.
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Delta Stock Dips After Earnings Crush and Confident Forecast
Investing.com -- Raymond James made two rating changes in the U.S. airline sector ahead of second-quarter earnings, downgrading Delta Air Lines from Strong Buy to Outperform and cutting JetBlue Airways to Underperform from Market Perform in a note to clients on Monday.
Lyft revenues rise 13.8% in Q1 as gross bookings climb 19%, though earnings miss estimates and cash balances decline.