Key PointsAmerican and Delta Airlines show bullish chart patterns with potential moving-average crossovers.Analysts are maintaining buy ratings on airline stocks while recognizing challenges ahead. Despite expected earnings declines at some airlines in 2024, overall industry profitability is forecast to rebound in 2025.5 stocks we like better than American Airlines GroupAmerican Airlines Group Inc. NASDAQ: AAL is pulling back after its January 25 post-earnings gap higher. However, Wall Street sees reasons t ...

Delta Air Lines (DAL) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this airline have returned -1.5%, compared to the Zacks S&P 500 composite's +2.5% change. During this period, the Zacks Transportation - Airline industry, which Delta falls in, has lost 3.5%. The key question now is: What could be the stock's future direction?Although media repor ...

Want to generate extra income without working extra hours? Dividend stocks allow many investors to fulfill that goal. These stocks often give out dividends every quarter that you can reinvest or use to cover various expenses. Most corporations distributing dividends to their investors hike their dividend payouts each year.However, some dividend stocks are better than others. Choosing the wrong stocks can result in net losses despite high cash flow. It’s also possible to end up with stocks that do not provid ...

Earnings season is upon us once again. One of the first stocks to report every quarter is Delta Air Lines (DAL -2.13%), one of the largest airlines in the world. Generating tens of billions in revenue across the globe, Delta Air's financial health gives investors a great read on the travel industry and the general health of consumer spending.This quarter, investors are looking pessimistically at Delta Air stock. Despite the company growing revenue and earnings in 2023, shares fell close to 10% the day after ...

Delta Air Lines (DAL 2.56%) and other airlines are giving investors a classic conundrum in 2024. Do you buy a stock that seems to have excellent long-term value but has a significant amount of near-term risk?For the budding Warren Buffetts of the investing world, the answer is usually "yes." But Buffett isn't the majority of investors, and many will balk at buying in. Here's what you need to know before purchasing.Why Delta Air Lines Stock SlumpedThere's no point tiptoeing around the elephant in the room. D ...

Delta Air Lines (DAL) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this airline have returned -6.6% over the past month versus the Zacks S&P 500 composite's +1.6% change. The Zacks Transportation - Airline industry, to which Delta belongs, has lost 7% over this period. Now the key question is: Where could the stock be headed in the near term?While media releases or ...

The fourth-quarter (Q4) earnings season is underway, with several blue-chip companies out with their final prints of 2023. As is almost always the case, there have been some market overreactions to the latest numbers, sending some great stocks downward and presenting buying opportunities for investors willing to be patient. Overall, the outlook for this earnings season is pessimistic but there are some undervalued blue-chip stocks to consider.According to the latest data, analysts on Wall Street expect Q4 e ...

Key TakeawaysThe S&P 500 gained less than 0.1% on Friday, Jan. 12, 2024, as earnings season got underway with major banks releasing financial results.Airline stocks tumbled after Delta reduced its 2024 profit forecast and oil prices ticked higher.Bank of New York Mellon shares advanced as higher net interest revenue helped the financial firm beat analysts' expectations.U.S. equities were mixed as earnings season got underway with large U.S. banks reporting their financial results for the fourth quarter of 2 ...

Delta Air Lines (DAL) has reported fourth-quarter 2023 earnings (excluding $1.88 from non-recurring items) of $1.28 per share, which comfortably beat the Zacks Consensus Estimate of $1.17. Earnings, however, declined 13.51% on a year-over-year basis due to high labor costs.Revenues of $14,223 million surpassed the Zacks Consensus Estimate of $14,069.5 million and increased 5.87% on a year-over-year basis, driven by strong holiday-air-travel demand. Adjusted operating revenues (excluding third-party refinery ...

Tourists enter the historic Hotel Majestic in Barcelona in August 2023. (Photo by Marc Asensio) NurPhoto via Getty ImagesDelta Air Liness’ president executives say baby boomers continue to flock to transatlantic destinations, particularly in Southern Europe, as 2024 spring and summer travel patterns become evident.“Revenge travel has years to go, particularly in long-haul international,” said Delta President Glen Hauenstein on the carrier’s fourth quarter earnings call on Friday. “People in their retirement ...