Delta Air Lines (DAL – Research Report), the Industrials sector company, was revisited by a Wall Street analyst today. Analyst Andrew Didora
Delta Air Lines crushed earnings and revenue estimates amid red-hot travel demand in the fourth quarter, sending the stock flying higher. The even better news for investors was that Delta sees strong demand continuing in 2025.
In this article, we are going to take a look at where Delta Air Lines, Inc. (NYSE:DAL) stands against other firms close shortened trading week higher. Wall Street’s main indices ended the shortened trading week in the red territory on Friday after labor ...
U.S. stock indexes held firmer and finished mixed a day after strong reports on the economy stirred up worries that inflation and interest rates may remain higher than expected.
The company logo graces the side of a Delta Air Lines jetliner at Denver International Airport ... Per share earnings removing one-time expenses were $1.85, easily beating Wall Street projections of $1.76, according to industry analysts surveyed by Zacks ...
Passengers appear to be buying in. The carrier on Friday reported record fourth-quarter revenue and operating profit. Delta announced that on its "Profit Sharing Day"—Feb. 14, or Valentine's Day—eligible employees "will receive an estimated payout of 10% of their eligible earnings,
This quarter, Delta Air Lines reported year-on-year revenue growth of 9.4%, and its $15.56 billion of revenue exceeded Wall Street’s estimates by 7.4%. Company management is currently guiding for a 8% year-on-year increase in sales next quarter.
Delta said it expects to generate more than $4 billion in free cash this year, up 18% from 2024 and in the mid-point of its annual target of between $3 billion and $5 billion. For the full year, it expects annual adjusted earnings of $7.35 per share.
United, American Airlines, Delta Air Lines, and Southwest Airlines stocks rise following Delta's robust earnings report
The airline posted revenue of $15.56 billion in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $14.99 billion. For the current quarter ending in March, Delta expects its per-share earnings to range from 70 cents to $1.
The first wave of fourth-quarter earnings is due with results from companies including Delta Air Lines, Walgreens Boots Alliance and Constellation Brands. Next week will feature the big banks including JPMorgan Chase and Wells Fargo.
Delta shares surged 7.7% after the markets opened in New York, the biggest intraday gain since October 2022. The results pulled other carriers higher: United Airlines Holdings Inc. climbed 3.4% at 9:33 a.m. and American Airlines Group Inc. was up 2.4%.