Delta Air Lines (DAL) Q4 Earnings Preview: EPS Down 16.2%, Revenue Up 0.8%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2h ago
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Source: seekingalpha
- Earnings Forecast: Delta Air Lines anticipates a Q4 EPS of $1.55, reflecting a 16.2% year-over-year decline, indicating ongoing challenges in the airline industry.
- Revenue Outlook: The company expects Q4 revenue to reach $15.69 billion, marking a modest 0.8% year-over-year increase, suggesting potential for slight growth amid economic uncertainty.
- Historical Performance: Over the past two years, Delta has beaten EPS and revenue estimates 75% of the time, demonstrating its stability and profitability in the market.
- Estimate Revisions: In the last three months, EPS estimates have seen three upward revisions and 13 downward adjustments, while revenue estimates experienced one upward and two downward revisions, reflecting analyst divergence on future performance.
Analyst Views on DAL
Wall Street analysts forecast DAL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DAL is 73.64 USD with a low forecast of 65.00 USD and a high forecast of 90.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
14 Analyst Rating
14 Buy
0 Hold
0 Sell
Strong Buy
Current: 72.310
Low
65.00
Averages
73.64
High
90.00
Current: 72.310
Low
65.00
Averages
73.64
High
90.00
About DAL
Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo throughout the United States and around the world. The Company has hubs and markets in Amsterdam, Atlanta, Bogota, Boston, Detroit, Lima, London-Heathrow, Los Angeles, Mexico City, Minneapolis-St. Paul, New York-JFK and LaGuardia, Paris-Charles de Gaulle, Salt Lake City, Santiago (Chile), Sao Paulo, Seattle, Seoul-Incheon, and Tokyo. Its segments include Airline and Refinery. Its airline segment is managed as a single business unit that provides scheduled air transportation for passengers and cargo throughout the United States and around the world and includes its loyalty program, as well as other ancillary businesses. Its refinery segment operates for the benefit of the airline segment by providing jet fuel to the airline segment from its own production and through jet fuel obtained through agreements with third parties. The refinery's production consists of jet fuel as well as non-jet fuel products.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
