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

Delta Air Lines (NYSE:DAL) issued an update on its first quarter earnings guidance on Friday morning. The company provided earnings per share guidance of $0.70-1.00 for the period, compared to the consensus earnings per share 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.

Delta Air Lines Stock Up 0.6 %

DAL stock opened at $61.52 on Friday. The company has a market capitalization of $39.70 billion, a price-to-earnings ratio of 8.54, a price-to-earnings-growth ratio of 1.21 and a beta of 1.35. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.34 and a current ratio of 0.39. The business’s 50 day moving average price is $62.10 and its two-hundred day moving average price is $51.73. Delta Air Lines has a fifty-two week low of $36.34 and a fifty-two week high of $67.50.

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. Delta Air Lines had a return on equity of 29.93% and a net margin of 7.71%. The business had revenue of $15.56 billion during the quarter, compared to analyst estimates of $14.20 billion. During the same quarter last year, the firm posted $1.28 earnings per share. The company’s revenue for the quarter was up 9.4% on a year-over-year basis. As a group, analysts forecast that Delta Air Lines will post 6.08 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on DAL shares. Citigroup increased their target price on Delta Air Lines from $65.00 to $76.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Delta Air Lines from $60.00 to $80.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. BNP Paribas upgraded shares of Delta Air Lines to a “strong-buy” rating in a research note on Thursday, September 19th. The Goldman Sachs Group reissued a “buy” rating and set a $83.00 price target on shares of Delta Air Lines in a research report on Friday, November 15th. Finally, UBS Group reaffirmed a “buy” rating and issued a $88.00 price objective on shares of Delta Air Lines in a research report on Tuesday, November 26th. One analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $77.06.

Insider Buying and Selling

In related news, EVP Steven M. Sear sold 10,279 shares of the company’s stock in a transaction on Friday, November 1st. The shares were sold at an average price of $58.72, for a total value of $603,582.88. Following the completion of the transaction, the executive vice president now owns 78,459 shares of the company’s stock, valued at approximately $4,607,112.48. This represents a 11.58 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP William C. Carroll sold 21,530 shares of the firm’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $60.62, for a total value of $1,305,148.60. Following the sale, the senior vice president now directly owns 19,756 shares in the company, valued at approximately $1,197,608.72. This represents a 52.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 136,809 shares of company stock valued at $7,871,765. 0.96% of the stock is owned by insiders.

Delta Air Lines Company Profile

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.