Is DAL Stock a Buy Post Encouraging 2025 Revenue Forecast?

Last month, Delta Air Lines (DAL) management stated in its investor day presentation that 2025 revenues are expected to grow in mid-single digits from the 2024 reported figure. Delta expects to expand capacity by 3-4% in 2025 from 2024.The company also reiterated its fourth-quarter 2024 outlook. DAL expects adjusted earnings of $1.60-$1.85 per share for the fourth quarter of 2024. The adjusted operating margin in the December quarter is expected to be 11-13%. Management projects fourth-quarter 2024 total re ...