Delta reported fourth-quarter earnings that topped analyst expectations on Friday. Revenue from premium seats was a major bright spot for the airline. Shares soared more than 9% in trading following the announcement.People are clamoring for premium air travel, and Delta Air Lines is cashing in on that demand.AD The airline reported fourth-quarter earnings and revenue on Friday, both of which beat Wall Street estimates. Massive growth in premium seat sales helped send shares up more than 9% in trading Frida ...

Delta Air Lines (DAL) reported $15.56 billion in revenue for the quarter ended December 2024, representing a year-over-year increase of 9.4%. EPS of $1.85 for the same period compares to $1.28 a year ago.The reported revenue represents a surprise of +3.82% over the Zacks Consensus Estimate of $14.99 billion. With the consensus EPS estimate being $1.76, the EPS surprise was +5.11%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall ...

Delta Airlines planes sit parked at Hartsfield-Jackson Atlanta International Airport in June 2024. ... [+] (Photo by Andrew Harnik)Getty ImagesDelta reported earnings Friday, perhaps providing an indication that airlines could be entering a strong earnings period.Delta became the first carrier to report fourth quarter earnings, which reflected strong demand, and it said demand remains strong in the current quarter.The report came at a time when fuel prices have fallen, delays in aircraft deliveries have pro ...

Shares of Delta Air Lines (DAL) rose on Friday after the airline reported fourth-quarter fiscal 2024 revenue and adjusted earnings that came in ahead of analysts' estimates. The carrier posted December-quarter profit of $843 million, or $1.29 per share, on revenue of $15.56 billion. Analysts polled by Visible Alpha expected net income of $1.15 billion, or $1.78 per share, on revenue of $14.89 billion. On an adjusted basis, earnings per share (EPS) of $1.85 topped analysts' estimates of $1.76. Delta project ...

Company Performance - Delta Air Lines expects revenue to rise 7% to 9% in the first quarter, surpassing the 5% growth forecast by analysts [1] - The company anticipates first-quarter earnings of between 70 cents and $1 per share, slightly ahead of Wall Street predictions of 65 cents to 97 cents [1] - Delta reported adjusted earnings per share of $1.85, exceeding the expected $1.75, and adjusted revenue of $14.44 billion, surpassing the expected $14.18 billion [4] Financial Outlook - Delta forecasts generating more than $4 billion in free cash flow this year, an 18% increase from 2024, within its annual target range of $3 billion to $5 billion [3] - The company expects annual adjusted earnings to exceed $7.35 per share for the full year [3] Industry Trends - Delta is capitalizing on a trend toward premium travel, with more customers opting for roomier seats or rewards credit cards [2] - The airline industry continues to benefit from strong post-pandemic travel demand, which is expected to persist throughout the year [2] CEO Commentary - Delta's CEO, Ed Bastian, expressed optimism for the new year, citing consumer prioritization of experiences over goods as a key driver for the company's performance [1] - Bastian believes 2024 will be Delta's best financial year in its history, driven by strong travel demand [3]

Exhibit 99.1 CONTACT: Investor Relations Corporate Communications 404-715-2170 404-715-2554 InvestorRelations@delta.com Media@delta.com Delta Air Lines Announces December Quarter and Full Year 2024 Financial Results Delivered record December quarter revenue and operating profit with industry-leading operational performance Reported record full year 2024 revenue, $5 billion of pre-tax income, $8 billion of operating cash flow and $3.4 billion of free cash flow Guiding to 2025 earnings of greater than $7.35 p ...

Delivered record December quarter revenue and operating profit with industry-leading operational performance Reported record full year 2024 revenue, $5 billion of pre-tax income, $8 billion of operating cash flow and $3.4 billion of free cash flow Guiding to 2025 earnings of greater than $7.35 per share and free cash flow of greater than $4 billion Expect March quarter revenue growth of 7 to 9 percent with earnings of $0.70 to $1.00 per share  ATLANTA, Jan. 10, 2025 /PRNewswire/ -- Delta Air Lines (NYSE: DA ...

Delta Air Lines (DAL) is scheduled to report fourth-quarter 2024 results on Jan. 10, before market open.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.In the December quarter, the heavyweight airline is expected to have registered a 37.5% year-over-year increase with respect to the bottom line. DAL is expected to have registered a 4.3% year-over-year increase with respect to the top line.The Zacks Consensus Estimate for fourth-quarter 2024 earnings, currently pegged at $1.76 per sh ...

Analysts on Wall Street project that Delta Air Lines (DAL) will announce quarterly earnings of $1.76 per share in its forthcoming report, representing an increase of 37.5% year over year. Revenues are projected to reach $14.83 billion, increasing 4.3% from the same quarter last year.The consensus EPS estimate for the quarter has been revised 1.5% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during t ...

Earnings and Analyst Expectations - Delta Air Lines is set to report Q4 2024 earnings with analysts expecting revenue and adjusted profit increases [1] - All 13 analysts tracked by Visible Alpha maintain a "buy" rating on Delta stock with an average price target of $76.85, implying a 30% gain from the current price [1][6] - The stock has risen nearly 50% over the past 12 months [6] Financial Projections - Q4 revenue is projected at $14.87 billion, up 4.6% YoY [2] - Net income is expected to decline 45% to $1.12 billion from $2.04 billion a year earlier [2] - Adjusted net income is expected to rise to $1.15 billion from $826 million a year ago, driven by a positive adjustment in the value of Delta's investments [3] Premium Products and Future Growth - Rising demand for travel across generational lines is driving confidence in revenue growth for premium seating products [4] - The company expects revenue and EPS to rise in the coming years as premium products expand and profit margins improve [4] Legal Issues - Delta is engaged in a legal battle with CrowdStrike over a Windows outage that caused thousands of flight cancellations and $500 million in costs [5] - CrowdStrike has sought dismissal of the lawsuit citing a liability and damages cap clause in their contract [5]