What Analysts Think of Delta Air Lines Stock Ahead of Earnings

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]