Delta Air Lines (DAL) Suffers a Larger Drop Than the General Market: Key Insights

Company Performance - Delta Air Lines (DAL) closed at $48.07, reflecting a -1.23% change from the previous day, underperforming the S&P 500's daily loss of 1.12% [1] - Over the past month, DAL shares have decreased by 21.23%, significantly trailing the Transportation sector's loss of 3.72% and the S&P 500's loss of 2.91% [1] Earnings Expectations - The upcoming earnings report for Delta Air Lines is anticipated to show an EPS of $0.40, which is an 11.11% decline from the same quarter last year [2] - Revenue is expected to reach $13.93 billion, marking a 1.33% increase from the prior-year quarter [2] Fiscal Year Projections - For the entire fiscal year, Zacks Consensus Estimates predict earnings of $6.99 per share and revenue of $63.27 billion, indicating increases of +13.47% and +2.64% respectively from the previous year [3] - Recent changes in analyst estimates suggest a favorable outlook on the company's business health and profitability [3] Valuation Metrics - Delta Air Lines is currently trading at a Forward P/E ratio of 6.97, which is lower than the industry average of 8.44, indicating a discount [6] - The company has a PEG ratio of 0.61, compared to the industry average PEG ratio of 0.66 [7] Industry Context - The Transportation - Airline industry holds a Zacks Industry Rank of 43, placing it in the top 18% of over 250 industries, suggesting strong performance potential [8]