Shares of Delta Air Lines (DAL) rose on Thursday after Delta Air Lines Said its Q2 Outlook “Strong”

The airline shares rose 3.2% in Thursday’s late premarket trading. The company's adjusted earnings, however, missed analysts’ expectations in the first 3 months of the year, coming in at 25 cents a share. Revenue was $12.8 billion. Adjusted revenue was $11.8 billion, according to Delta’s report.

The consensus estimate for Delta’s Q1 earnings was $0.31 per share, compared to negative -$1.23 in the same prior-year quarter. Sales were expected to be up 36% at $12.77 billion vs. $9.35 billion in Q1 2022. Even though the company performed soften than anticipated by many, this report is certainly an indication that Delta is recovering from the pandemic – especially, given the fact that the airline company achieved its main short term goal – turned to become profitable again.

There is a slew of post-Covid reopening stories that bring some hope to this uneasy earnings season – including companies of public transportation like airline companies and long-range trucking companies, along with those of lodging, leisure and entertainment like AirBNB (ABNB) and AMC Entertainment (AMC) which are capable to surprise on their upsides.