Delta Air Lines (NYSE:DAL) Issues Q1 Earnings Guidance

Delta Air Lines (NYSE:DAL) updated its first quarter earnings guidance on Friday. The company provided EPS guidance of $0.70-1.00 for the period, compared to the consensus EPS estimate of $0.77. The company issued revenue guidance of +7-9% yr/yr $13.44-13.69, compared to the consensus revenue estimate of $13.24 billion. Delta Air Lines also updated its FY 2025 guidance to 7.350- EPS.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on DAL. Jefferies Financial Group boosted their price objective on shares of Delta Air Lines from $58.00 to $72.00 and gave the company a “buy” rating in a report on Monday, November 11th. TD Cowen boosted their target price on Delta Air Lines from $59.00 to $75.00 and gave the stock a “buy” rating in a research note on Tuesday, November 12th. Sanford C. Bernstein increased their price objective on shares of Delta Air Lines from $62.00 to $65.00 and gave the company an “outperform” rating in a research report on Tuesday, October 8th. Citigroup raised their target price on Delta Air Lines from $65.00 to $76.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Finally, Barclays upped their price objective on shares of Delta Air Lines from $60.00 to $90.00 and gave the company an “overweight” rating in a research note on Thursday, November 14th. One equities research analyst has rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $77.06.

Delta Air Lines Price Performance

Shares of NYSE:DAL opened at $61.52 on Friday. The company has a market cap of $39.70 billion, a P/E ratio of 8.54, a PEG ratio of 1.21 and a beta of 1.35. The company has a 50-day moving average price of $62.10 and a 200 day moving average price of $51.73. Delta Air Lines has a 52 week low of $36.34 and a 52 week high of $67.50. The company has a quick ratio of 0.34, a current ratio of 0.39 and a debt-to-equity ratio of 1.05.

Delta Air Lines (NYSE:DAL) last announced its quarterly earnings data on Friday, January 10th. The transportation company reported $1.85 EPS for the quarter, beating the consensus estimate of $1.74 by $0.11. The firm had revenue of $15.56 billion during the quarter, compared to analysts’ expectations of $14.20 billion. Delta Air Lines had a net margin of 7.71% and a return on equity of 29.93%. The business’s revenue for the quarter was up 9.4% compared to the same quarter last year. During the same quarter last year, the business earned $1.28 earnings per share. Research analysts predict that Delta Air Lines will post 6.08 earnings per share for the current year.

Insider Transactions at Delta Air Lines

In other news, SVP William C. Carroll sold 21,530 shares of the business’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $60.62, for a total transaction of $1,305,148.60. Following the completion of the sale, the senior vice president now directly owns 19,756 shares of the company’s stock, valued at $1,197,608.72. The trade was a 52.15 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Alain Bellemare sold 19,490 shares of the firm’s stock in a transaction that occurred on Thursday, October 17th. The shares were sold at an average price of $55.26, for a total transaction of $1,077,017.40. Following the completion of the transaction, the executive vice president now owns 121,961 shares in the company, valued at $6,739,564.86. The trade was a 13.78 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 136,809 shares of company stock valued at $7,871,765 in the last 90 days. 0.96% of the stock is currently owned by insiders.

About Delta Air Lines

Delta Air Lines, Inc provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its domestic network centered on core hubs in Atlanta, Minneapolis-St. Paul, Detroit, and Salt Lake City, as well as coastal hub positions in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle; and international network centered on hubs and market presence in Amsterdam, Bogota, Lima, Mexico City, London-Heathrow, Paris-Charles de Gaulle, Sao Paulo, Seoul-Incheon, and Tokyo.