Delta Air Lines, Inc. ( DAL ) stock is trending on Wednesday. The company is scheduled to release earnings Thursday morning and on Tuesday it signed a strategic agreement with Riyadh Air.

The Details: The airline company is anticipated to release its 2024 fiscal-year second quarter financial results on Thursday. Analysts expect EPS of $2.37 and revenue of $15.45 billion, according to data from Benzinga Pro.

For the first quarter, the company reported EPS of 45 cents beating analyst estimates of 36 cents. In addition, Delta reported revenue of $13.74 billion beating analyst estimates of $12.56 billion.

Separately, Delta signed a strategic agreement with Riyadh Air to expand benefits and travel options for customers traveling between the United States and Saudi Arabia.

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DAL Price Action: At the time of publication, Delta Air Lines ( DAL ) stock is trading 0.30% lower at $46.75 per data from Benzinga Pro.

Image: Courtesy of Delta Air Lines ( DAL )