Delta Air Lines reported its first-quarter earnings, revealing a revenue of $14.04 billion, surpassing estimates of $13.7 billion, and an earnings per share (EPS) of $0.46, beating expectations of $0.44. However, the airline has suspended its full-year guidance due to rising economic uncertainty, stating that growth has largely stalled. CEO Ed Bastian noted that the company is acting as if the economy is heading into a recession, particularly highlighting a decline in both consumer and corporate travel demand. Despite pulling its full-year guidance, Delta's stock rose significantly, gaining over 24% on the day. The airline's second-quarter revenue is projected at $16.7 billion, exceeding estimates of $16.2 billion, but it anticipates a drop in earnings before interest and taxes (EBIT) to $2.08 billion, below the expected $2.22 billion. This trend of companies pulling guidance is observed as a growing theme in the earnings season, with Walmart also announcing a similar move.