Why Is Delta (DAL) Up 23.3% Since Last Earnings Report?

Core Viewpoint - Delta Air Lines has seen a 23.3% increase in share price over the past month, outperforming the S&P 500, but there are concerns about whether this positive trend will continue leading up to the next earnings release [1] Estimates Movement - Consensus estimates for Delta Air Lines have trended downward over the past month, with a significant shift of -22.88% [2] VGM Scores - Delta Air Lines currently holds a Growth Score of B, a Momentum Score of F, and an A grade for Value, placing it in the top quintile for the value investment strategy. The overall aggregate VGM Score is A, which is relevant for investors not focused on a single strategy [3] Outlook - The downward trend in estimates indicates a negative shift, and Delta Air Lines holds a Zacks Rank of 3 (Hold), suggesting an expectation of in-line returns in the coming months [4]