An Airbus A330-941 is being delivered to Delta Air Lines, flying from Toulouse Blagnac Airport to Atlanta, in Toulouse, France, on December 8, 2023.Delta Air Lines swung to a profit in the first quarter and its CEO Ed Bastian said bookings for both leisure and business travel are strong as the peak travel season approaches.The carrier made $37 million, or 6 cents per share, in the first three months of the year, up from a loss of $363 million, or 57 cents per share, in the year-earlier period, it said Wedne ...

Exhibit 99.1 CONTACT: Investor Relations Corporate Communications 404-715-2170 404-715-2554 InvestorRelations@delta.com Media@delta.com Delta Air Lines Announces March Quarter 2024 Financial Results Delivered industry-leading operational performance, record March quarter completion factor March quarter revenue and earnings at the high end of guidance Expect record June quarter revenue, mid-teens operating margin, and EPS of $2.20 to $2.50 Reiterating 2024 outlook for EPS of $6 to $7 and free cash flow of $3 ...

Monday, April 8th, 2024We continue to tiptoe through the early trading days of calendar Q2. Currently, we are only a couple sessions from the informal beginning to Q1 earnings season — with Delta (DAL) , CarMax (KMX) , Fastenal (FAST) and Constellation Brands (STZ) , among others, reporting on Wednesday — and today was a perfect illustration of the reluctance to take indices either up or down. The Dow closed -0.03%, the S&P 500 was -0.04%, the Nasdaq +0.05% and the small-cap Russell 2000 +0.60%.This was als ...

Delta Air Lines, Inc. (NYSE:DAL) will land in the earnings confessional on Wednesday, April 10, to report fiscal first-quarter results. The equity picked up a bull note ahead of the event, with Raymond James today raising its price objective to $58 form $55. The shares are up 2.6% to trade at $47.25 at last check, and now boast a 40.4% year-over-year lead. BA hit its highest level since September last week, with support from the 20-day moving average. There's nothing but love for Delta Air Lines among the b ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about Delta Air Lines (DAL) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Delta currently has an aver ...

Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, etc. -- ...

Delta, Wells Fargo, JPMorgan Chase, Inflation, and More to Watch This Week ...

Key TakeawaysDelta is set to report first-quarter earnings on Wednesday, April 10, with investors likely to be watching for key factors like profitability and load factor as the airline works to bring its stock back to pre-pandemic levels.Analysts noted that the company's revenue has largely returned to pre-pandemic levels over the last several quarters, but the stock is still below where it was in 2019.Ahead of Delta's earnings, Morgan Stanley analysts called the airline a top pick for the year, pointing t ...

Wall Street analysts expect Delta Air Lines (DAL) to post quarterly earnings of $0.34 per share in its upcoming report, which indicates a year-over-year increase of 36%. Revenues are expected to be $12.83 billion, up 0.6% from the year-ago quarter.The consensus EPS estimate for the quarter has been revised 2.1% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Before a company reveal ...

The airline's sales have excellent momentum, and its long-term shift toward the premium end of the market is paying off.Delta Air Lines (DAL -1.48%) stock flew higher by 13.2% in March, according to data provided by S&P Global Market Intelligence. The move comes after management updated first-quarter trading, and Wall Street analysts upgraded the stock with aggressive price targets.Delta Air Lines expects a strong first quarterThe first-quarter update came up at the J.P. Morgan Industrial Conference in mid- ...