Delta Air Lines (DAL) April weekly 47 straddle into quarter results

Go back to Delta Air Lines (DAL) April weekly 47 straddle into quarter results

Delta Air Lines (DAL) PT Raised to $55 at Argus

April 11, 2024 7:58 AM EDT

Argus analyst John Staszak raised the price target on Delta Air Lines (NYSE: DAL) to $55.00 (from $39.00) while maintaining a Buy rating.

The analyst comments " We are maintaining our BUY rating on Delta Air Lines Inc. (NYSE:... More

Delta Air Lines (DAL) PT Raised to $60 at Deutsche Bank

April 11, 2024 5:20 AM EDT

Deutsche Bank analyst Michael Linenberg raised the price target on Delta Air Lines (NYSE: DAL) to $60.00 (from $50.00) while maintaining a Buy rating.

The analyst comments "Following March quarter results and incorporating the June quarter outlook, our confidence in Delta's ability to... More

Delta Air Lines (DAL) PT Raised to $55 at BofA Securities

April 11, 2024 5:14 AM EDT

BofA Securities analyst Andrew Didora raised the price target on Delta Air Lines (NYSE: DAL) to $55.00 (from $53.00) while maintaining a Buy rating.

The analyst comments "DAL reported 1Q24 EPS at the high end of the guided range and initiated 2Q24 EPS guidance of... More

Melius on Delta Air Lines (DAL): 'margins are already industry-leading and will likely improve'

April 10, 2024 12:23 PM EDT

Melius analyst Conor Cunningham reiterated a Buy rating and $56.00 price target on Delta Air Lines (NYSE: DAL).

The analyst comments "Bottom line there has been growing optimism towards US airlines given the expectation for capacity growth to moderate in 2H and an industry... More

Morgan Stanley Keeps $85 PT on Delta Air Lines (DAL) Post Earnings, 'We believe this result will be well received by the market'

April 10, 2024 7:31 AM EDT

Morgan Stanley analyst Ravi Shanker reiterated an Overweight rating and $85.00 price target on Delta Air Lines (NYSE: DAL).

The analyst comments "We believe this result will be well received by the market. Investors were likely bracing for a more conservative guide with the... More

Delta Air Lines (DAL) tops quarterly expectations, expects record June quarter revenue

April 10, 2024 7:24 AM EDT

(Updated - April 10, 2024 9:03 AM EDT)

Delta Air Lines (NYSE: DAL) reported first-quarter earnings that surpassed Wall Street expectations, buoyed by strong demand and operational performance. The company's shares climbed 4.56% as it also projected record revenue for the upcoming June quarter.

For the first quarter, Delta posted adjusted earnings per share (EPS) of $0.45, exceeding the analyst consensus of $0.34. The company's revenue reached $12.6 billion, outpacing the expected $12.46 billion and marking a 6% increase from the same quarter last year. This top-line growth is attributed to Delta's leading operational reliability and strong demand trends, which... More