Delta Air Lines has issued a first-quarter earnings forecast that has exceeded Wall Street's expectations, propelling its stock upward. The airline anticipates earnings per share (EPS) between $0.70 and $1.00, surpassing the consensus estimate of $0.77. Additionally, Delta projects revenue growth of 7% to 9% year-over-year, compared to analysts' expectations of a 5% increase. CEO Ed Bastian expressed optimi
Delta Air Lines has reported a strong performance for the final months of 2024, surpassing Wall Street's profit expectations, driven by robust gains in international and corporate travel. The airline's adjusted profit for the fourth quarter was $1.85 per share, exceeding the average analyst estimate of $1.76. Revenue also outperformed expectations, reaching $14.44 billion compared to the anticipated $14.16
Delta Air Lines (DAL) is set to report its Q4 2024 earnings and provide initial 2025 guidance on January 10. BofA Global Research maintains a "Buy" rating with a price objective of $72, citing expected revenue growth as a key catalyst. The report anticipates Delta will guide 2025 EPS to $7-8, aligning with BofA's estimate of $7.34 and the Visible Alpha consensus of $7.37. This guidance reflects a 10% EPS gr
Delta Air Lines, Inc. (DAL) is currently experiencing a stable trading day with no significant news driving its stock movement. However, discussions on Reddit have highlighted various aspects of the airline industry and Delta's operations. One user on r/ValueInvesting pointed out that the airline industry has been undervalued since the COVID-19 pandemic and is now correcting, with catalysts such as lower oi
Delta Air Lines (DAL) saw a notable rise in its stock price on December 5, 2024, closing at $65.77, up 2.35% from the previous day's close of $64.26. The stock opened at $66.64 and reached a high of $67.50 during the trading session, driven by positive developments in the airline sector and Delta's own financial achievements. The airline sector received a boost from American Airlines and Southwest Airlines,
Delta Air Lines (DAL) shares are experiencing an upswing today, buoyed by a positive sentiment across the airline sector. This optimism follows upbeat forecasts from American Airlines and Southwest Airlines, which have raised their guidance for the fourth quarter, citing strong holiday travel demand and improved pricing. The U.S. Transportation Security Administration reported a record number of passengers
Delta Air Lines, Inc. (DAL) has been the subject of lively discussions on Reddit, particularly concerning recent travel disruptions and potential changes in service. One user reported that Delta refunded tickets for flights originating from Harlingen, Texas, without notice, sparking speculation about whether the airline is restructuring its schedule or withdrawing from the market entirely. Another user expr
Delta Air Lines (DAL) stock experienced a decline in after-hours trading following a contentious congressional hearing where airline executives, including those from Delta, were scrutinized over additional fees for services like checked baggage and seat selection. The hearing, held by the Senate Permanent Subcommittee on Investigations, highlighted concerns over what lawmakers termed as "junk fees," which t
Delta Air Lines (DAL) saw its stock rise by 2.7% to close at $64.26 on December 4, 2024, following a significant upgrade from S&P Global Ratings. The credit rating agency elevated Delta's issuer credit rating to 'BBB-' from 'BB+', highlighting the airline's steady margin expansion and increasing revenue, which are expected to support stronger credit measures. This upgrade reflects confidence in Delta's abil
Delta Air Lines (DAL) stock is experiencing an uptick today, driven by a recent upgrade from S&P Global Ratings. On December 4th, S&P Global Ratings raised Delta's issuer credit rating to 'BBB-' from 'BB+', citing the airline's steady margin expansion and increasing revenue. The upgrade reflects confidence in Delta's ability to generate stronger credit measures, supported by favorable passenger demand and a
Delta Air Lines (DAL) stock is experiencing an uptick today, likely influenced by the recent opening of its new $50 million pilot training facility in Salt Lake City. This strategic investment is expected to enhance pilot training efficiency and quality, which could improve operational performance and support the airline's growth. The facility, equipped with advanced flight simulators, is set to host over 1
Delta Air Lines, Inc. (DAL) saw its stock price decline by 1.32% to close at $62.57 on December 3, 2024, amid a combination of security concerns and financial scrutiny. The stock opened at $63.41 and reached a high of $63.53 before dipping to a low of $62.07, with trading volume at 4,461,131 shares, significantly below the average of 8,851,492. A recent security breach involving a Russian stowaway who board
Delta Air Lines (DAL) is experiencing a decline in its stock price today, potentially influenced by a combination of factors. One notable issue is the recent incident involving a Russian stowaway who managed to board a Delta flight from New York to Paris without a ticket. This security breach has raised concerns about the airline's security protocols and has led to an ongoing investigation by the Transporta
Delta Air Lines, Inc. (DAL) has not been the subject of any significant news today, leaving the stock's movement unexplained by recent events. However, discussions on Reddit have been lively, focusing on various aspects of the airline's operations and customer experiences. One thread delved into the seating configurations on Delta's A350 aircraft, with users debating the comfort and privacy of the lie-flat
Delta Air Lines, Inc. (DAL) saw a slight decline in its stock price on December 2, 2024, closing at $63.41, down 0.64% from the previous close of $63.82. The stock opened at $64.00 and fluctuated between a high of $64.21 and a low of $63.16 throughout the day. Trading volume was notably low, at 5,025,590 shares, which is 56.64% of the average daily volume. The lack of significant news directly related to De
Delta Air Lines, Inc. (DAL) has not been the subject of any significant news today, leaving the stock's movement unexplained by recent events. However, discussions on Reddit provide some insight into the general sentiment and considerations surrounding Delta and its related products. On Reddit, users are actively discussing the benefits and drawbacks of Delta's co-branded American Express cards. One user h
Delta Air Lines, Inc. (DAL) is positioned to benefit from the anticipated surge in holiday travel demand, as highlighted in a recent Reddit discussion on holiday stock picks. The U.S. economy's resilience, coupled with rising wages and strong consumer confidence, sets the stage for record holiday spending, with travel companies like Delta expected to see increased ticket revenues. This optimistic outlook is
Delta Air Lines, Inc. (DAL) saw its stock decline by 0.81% to close at $63.62 on November 27, 2024, amid a day of subdued trading volume, which was only 48.32% of the average. The stock opened at $64.07 and fluctuated between a high of $64.40 and a low of $63.23. The decline in Delta's stock price coincided with negative news reports that may have impacted investor sentiment. Notably, a Delta flight attenda
Delta Air Lines, Inc. (DAL) has been the subject of heartfelt discussions on Reddit, particularly in the r/army subreddit, where users shared experiences of the airline's exceptional service during military remains escort duties. One user recounted how Delta went above and beyond in showing respect and care, providing an honor guard and even sending a gift basket to the family. This level of service has lef
Delta Air Lines, Inc. (DAL) saw a slight decline in its stock price on November 26, 2024, closing at $64.14, down 0.54% from the previous close of $64.49. The stock opened at $64.86 and reached a high of $65.94 before dipping to a low of $63.98. Trading volume was notably low at 4,272,763 shares, just 47.53% of the average daily volume. The day's price movement was influenced by a U.S. Senate panel's announ