Market Overview

Is Delta Set For An Earnings Beat?


Delta Air Lines, Inc. (NYSE: DAL) is scheduled to announce its second quarter financial results on Wednesday before the market opens. It is expected to deliver at least 17 percent in year-over-year earnings growth.

Delta’s earnings respond to a cyclical pattern: earnings hit a bottom in each year’s first quarter, and peak in the third quarter. Projections for the current quarter stand above last quarter’s results. In addition, they also stand above results reported in the second quarter of 2014, when earnings came in at $1.04 per share on revenue of $10.621 billion.

Related Link: JP Morgan Remains Overweight Delta, Calls DOJ Collusion Investigation Humorous

For the second quarter of 2015, the Street is modeling consensus earnings of $1.22 per share, up 17.3 percent year-over-year, on sales of $10.642 billion. The crowd is more bullish, and anticipates earnings of $1.27 per share on revenue of $10.716 billion.

Analyst Opinion

In a recent article, Zacks analysts also previewed Delta’s second quarter results, which they expect to come in ahead of consensus estimates. Among the main earnings growth drivers are weak oil prices, which largely impact on the airline’s operating expenses.

Latest Ratings for DAL

Nov 2020Raymond JamesDowngradesOutperformMarket Perform
Nov 2020JefferiesInitiates Coverage OnHold
Nov 2020Exane BNP ParibasInitiates Coverage OnOutperform

View More Analyst Ratings for DAL
View the Latest Analyst Ratings


Related Articles (DAL)

View Comments and Join the Discussion!

Posted-In: Estimize ZacksAnalyst Color Previews Crowdsourcing Analyst Ratings Trading Ideas General

Latest Ratings

ESTCCanaccord GenuityMaintains150.0
AVAVCanaccord GenuityMaintains98.0
OKTACanaccord GenuityMaintains250.0
SNOWCanaccord GenuityMaintains275.0
RCMSVB LeerinkMaintains26.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at