Gear Up for Delta (DAL) Q4 Earnings: Wall Street Estimates for Key Metrics

Core Viewpoint - Delta Air Lines is expected to report quarterly earnings of $1.55 per share, reflecting a 16.2% decline year-over-year, while revenues are forecasted to increase by 0.6% to $15.65 billion [1]. Earnings Estimates - The consensus EPS estimate has been revised down by 1.5% over the past 30 days, indicating a reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, with empirical studies showing a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue Projections - Analysts project 'Operating Revenues- Passenger' to be $13.13 billion, a 2.4% increase from the previous year [5]. - 'Operating Revenues- Cargo' is estimated at $231.40 million, reflecting a 7.1% decline year-over-year [5]. - 'Operating Revenues- Other' is expected to reach $2.56 billion, indicating a 2.5% increase from the prior year [6]. Key Metrics - The 'Passenger Load Factor' is projected to be 84.3%, up from 84.0% in the same quarter last year [6]. - 'Revenue passenger miles - Consolidated' is expected to be 62.14 billion, compared to 60.39 billion in the same quarter last year [7]. - 'Available seat miles - Consolidated' is forecasted to reach 73.41 billion, an increase from 72.04 billion year-over-year [8]. Stock Performance - Over the past month, Delta shares have returned +2.5%, outperforming the Zacks S&P 500 composite's +0.9% change [10].