Delta Air Lines (DAL) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on October 10, 2024, might help the stock move higher if these key numbers are better ...

ATLANTA, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Saudia, the national flag carrier of Saudi Arabia, signed a codeshare agreement with Delta Air Lines. The agreement builds on the airlines’ existing interline relationship and will expand the choice of destinations for Saudia guests between North America and the Arabian Peninsula. The carriers applied to the necessary codesharing authorities today and will start selling codeshare itineraries once all government approvals have been received. The codeshare agreement ...

Investors looking for bargains in a relatively expensive market have come to the right place.The major stock market indexes continue to blast through record highs as 2024 shapes up to be another great year for investors. Since the start of 2023, the S&P 500 is up a mind-numbing 49.5%. Despite the impressive performance, investors can still scoop up shares of quality companies without paying an exorbitant price relative to earnings. Honeywell (HON -0.47%), Phillips 66 (PSX -0.26%), and Delta Air Lines (DAL - ...

Delta Air Lines (DAL) closed the latest trading day at $50.79, indicating a -1.46% change from the previous session's end. The stock's change was less than the S&P 500's daily gain of 0.42%. Meanwhile, the Dow experienced a rise of 0.04%, and the technology-dominated Nasdaq saw an increase of 0.38%.Heading into today, shares of the airline had gained 21.3% over the past month, outpacing the Transportation sector's gain of 3.57% and the S&P 500's gain of 2.06% in that time.The upcoming earnings release of De ...

Delta Air Lines (DAL) intends to launch its first-ever nonstop service from Salt Lake City International Airport to Seoul-Incheon International Airport on June 12, 2025. This will be the sole direct flight linking Salt Lake City to Asia. Once the route becomes operational, it will provide seamless connections to key destinations across Asia for travelers throughout the Mountain West and Southwest regions in the United States. The route, after being launched, will be Delta’s fifth direct U.S. route to Seoul. ...

The third-quarter 2024 earnings cycle is scheduled to start shortly for players in the Zacks Airline industry, with Atlanta, GA-based airline heavyweight Delta Air Lines (DAL) slated to release its results on Oct. 10, 2024, before market open. Airlines are expected to perform well in the September quarter, driven by increased passenger volumes and declining fuel costs.Upbeat passenger volumes have always been acting as a tailwind. Higher bookings contribute to the airlines’ top-line performance. While air t ...

An airline stock, a workflow technology stock, and a housing materials stock make up a list of great value stocks to buy now.While the market isn't looking particularly cheap right now, you can inevitably find pockets of value. Delta Air Lines (DAL 1.99%), positioning and workflow-technology company Trimble (TRMB 1.02%), and building-materials company Owens Corning (OC -2.36%) fit the bill. Here's why.Delta Air Lines is the pick of the airline stocksWhether you are looking at its price-to-earnings (P/E) rat ...

In the latest trading session, Delta Air Lines (DAL) closed at $47.80, marking a +1.36% move from the previous day. The stock outpaced the S&P 500's daily gain of 0.25%. Elsewhere, the Dow saw an upswing of 0.2%, while the tech-heavy Nasdaq appreciated by 0.56%.Coming into today, shares of the airline had gained 15.08% in the past month. In that same time, the Transportation sector gained 2.16%, while the S&P 500 gained 1.65%.The upcoming earnings release of Delta Air Lines will be of great interest to inve ...

ATLANTA, Sept. 24, 2024 /PRNewswire/ -- Delta Air Lines (NYSE:DAL) will hold a live conference call and webcast to discuss its September quarter 2024 financial results at 10 a.m. EDT, Thursday, October 10, 2024.A live webcast of this event will be available at ir.delta.com and an online replay will be available shortly after the webcast is complete.SOURCE Delta Air LinesWANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?440k+Newsrooms &Influencers9k+Digital MediaOutlets270k+JournalistsOpted InGET STARTED ...

Core Viewpoint - Delta Air Lines is experiencing strong air travel demand, which is positively impacting its revenue, but the company faces challenges with liquidity and rising operating expenses [1][5]. Group 1: Factors Favoring Delta - Delta's revenue is supported by increased passenger volumes, with an 8% year-over-year capacity increase in Q2 2024 and projected growth of 5% to 6% for the September quarter [2]. - Corporate travel demand is robust, with 90% of surveyed companies expecting stable or increased travel volumes in the upcoming quarter [2]. - The airline has expanded its fleet, delivering 11 new aircraft in Q2 2024, totaling 18 for the year, and has formed a strategic partnership with Riyadh Air to enhance connectivity [3]. Group 2: Shareholder Returns - Delta has increased its quarterly dividend by 50% to 15 cents per share, marking its first dividend increase since resuming payments post-COVID-19 [4]. - The stock has appreciated by 4.3% over the past six months, outperforming the industry average growth of 1.2% [4]. Group 3: Key Risks - Rising operating expenses, particularly labor costs, are negatively affecting Delta's profitability, with labor costs increasing by 10% year-over-year to $4 billion in Q2 2024 [5][6]. - Delta's current ratio stands at 0.40, indicating liquidity concerns as it suggests insufficient cash to meet short-term obligations [6].