Delta Air Lines (NYSE: DAL) is up modestly (+1%) ahead of its second quarter earnings before the opening bell Wednesday. Analysts on average are looking for EPS of $1.21 on revenues of $10.64 billion, representing growth of 16.3% and 0.2%, respectively.

The group has come off highs recently amid concerns related to domestic pricing and capacity discipline. No doubt this will be a big topic on the call.