Delta Air Lines (DAL)  gave a glimpse at how the large domestic airliners are faring after reporting third quarter results on Thursday with United Airlines (UAL)  and American Airlines (AAL)  set to release their Q3 reports in the coming weeks.Although Delta’s Q3 financial metrics were mixed the company’s valuation and post-pandemic recovery are still enticing.  Delta’s Q3 Results Delta posted Q3 EPS of $1.50 on operating income of $971 million which decreased 26% from $2.03 per share in the prior year quar ...

If you'd like to learn more about how to best position yourself in under valued stocks mispriced by the market to start October, consider joining Out Fox The Street .With a legacy airline struggling with an IT outage, United Airlines Holdings, Inc. (NASDAQ: UAL ) has taken flight to post-Covid highs. The airline stock is still incredibly cheap, but whether or not the market will reward the stock with aMark leads the investing group Out Fox The Street where he shares stock picks and deep research to help rea ...

Airline and transportation stocks have been under pressure from weakening consumer discretionary trends lately, especially as inflation is now threatening to spike again after the – arguably premature – interest rate cuts coming from the Federal Reserve (the Fed), being the most aggressive policy shift since late 2007 in face of the financial crisis of 2008.Delta Air Lines TodayDALDelta Air Lines$50.30 -0.68 (-1.33%) 52-Week Range$30.60▼$53.86Dividend Yield1.19%P/E Ratio7.24Price Target$64.35Add to Watchlis ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol Name of each exchange on which registered Common Stock, par value $0.0001 per share DAL New York Stock Exchange FORM 10-Q ☑QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 Or ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT ...

Delta Air Lines continues to demonstrate resilience in the business travel sector, building on strong performance from previous quarters as it reported third-quarter financial results Thursday (Oct. 10). Corporate travel sales rose 7%, driven by the airline's focus on premium offerings, which have consistently outperformed main cabin sales. Delta officials said a recent survey reveals 85% of companies anticipate boosting their travel budgets in 2025. "Corporate travel continues to improve and Delta continue ...

Delta Air Lines (DAL) reported third-quarter 2024 earnings (excluding 47 cents from non-recurring items) of $1.50 per share, which fell short of the Zacks Consensus Estimate of $1.56. Earnings decreased 26.11% on a year-over-year basis, mainly due to high labor costs. Find latest EPS estimates and surprises on Zacks Earnings Calendar. Revenues of $15.68 billion surpassed the Zacks Consensus Estimate of $15.37 billion and increased 1.2% on a year-over-year basis, driven by strong air travel demand. Adjusted ...

Delta Air Lines, Inc. (NYSE:DAL) Q3 2024 Earnings Conference Call October 10, 2024 10:00 AM ET Company Participants Julie Stewart - Vice President, IR Ed Bastian - CEO Glen Hauenstein - President Dan Janki - CFO Tim Mapes - SVP & Chief Communications Officer Peter Carter - EVP, External Affairs Conference Call Participants David Vernon - Bernstein Jamie Baker - JPMorgan Savi Syth - Raymond James Mike Linenberg - Deutsche Bank Conor Cunningham - Melius Research Duane Pfennigwerth - Evercore ISI Scott Group - ...

Delta Air Lines on Thursday warned of a hit to its fourth-quarter revenue, saying consumers want to be home around the upcoming US presidential election and are holding off discretionary spending. Still, the Atlanta-based carrier said the current quarter is shaping up to be one of the most profitable fourth quarters in its history due to improved pricing power as well as strong holiday travel bookings. Delta said the Nov. 5 presidential election is expected to shave 1 percentage point from its unit revenue ...

A woman uses an umbrella to protect herself from the sun as she passes past the Colosseum during an intensely hot day in Rome, Italy, on July 11, 2024.Summer trips to Europe are getting too hot for thousands of tourists.Delta Air Lines president Glen Hauenstein said travelers are opting out of flying to Europe during the traditional summer peak travel season. Instead, they are shifting trips to cooler months, a trend that airline officials have been noticing over the past couple of years as consumers look t ...

U.S. stocks traded mixed midway through trading, with the Nasdaq Composite gaining around 0.1% on Thursday.The Dow traded down 0.17% to 42,437.66 while the NASDAQ rose 0.12% to 18,313.25. The S&P 500 also fell, dropping, 0.05% to 5,789.32.Check This Out: Netflix To Rally Around 13%? Here Are 10 Top Analyst Forecasts For ThursdayLeading and Lagging SectorsEnergy shares jumped by 0.6% on Thursday.In trading on Thursday, industrials shares fell by 0.5%.Top HeadlineDelta Air Lines, Inc. DAL reported downbeat th ...