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

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Bernstein SocGen Group Reiterates Outperform Rating on Delta Air Lines (DAL)

October 14, 2024 6:01 AM EDT

Bernstein SocGen Group analyst David Vernon reiterated an Outperform rating and $65.00 price target on Delta Air Lines (NYSE: DAL).

The analyst comments "Quarter update. Delta reported 3Q:24 adjusted diluted EPS of $1.50, 1% below consensus. Adjusted revenue came in at $14.6B, 80bps below consensus, and Delta reported improving unit revenue trends through the September quarter with both Premium and managed business... More

Seaport Global Securities Reiterates Buy Rating on Delta Air Lines (DAL)

October 11, 2024 6:27 AM EDT

Seaport Global Securities analyst Daniel McKenzie reiterated a Buy rating and $56.00 price target on Delta Air Lines (NYSE: DAL).

The analyst comments "Valuation (a share repurchase program is likely): No change to our 2025/26 outlook or PT based on shares trading at 8x... More

CrowdStrike (CRWD) gains as Delta provides update on outage

October 10, 2024 10:04 AM EDT

CrowdStrike Holdings Inc. (NASDAQ: CRWD) gains as Delta Airline (NYSE: DAL) provided an update on the damage caused by the massive July outage caused by the cyber-security company.

Delta reported that the CrowdStrike incident resulted in a... More

Delta Air Lines unveils disappointing fourth-quarter guidance

October 10, 2024 6:44 AM EDT

Investing.com -- Delta Air Lines (NYSE: DAL) has said it expects to report fourth-quarter adjusted earnings per share of between $1.60 to $1.85, missing Wall Street expectations at the midpoint.


Analysts had seen the figure at $1.78, according to Bloomberg News.

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Delta Air Lines (DAL) Misses Q3 EPS by 2c, Misses on Revenue; Offers Q4 EPS Guidance

October 10, 2024 6:36 AM EDT

(Updated - October 10, 2024 6:37 AM EDT)

Delta Air Lines (NYSE: DAL) reported Q3 EPS of $1.50, $0.02 worse than the analyst estimate of $1.52. Revenue for the quarter came in at $14.59 billion versus the consensus estimate of $14.64 billion.

GUIDANCE:

Delta Air Lines... More

Delta warns of revenue hit from US presidential election

October 10, 2024 6:34 AM EDT

By Rajesh Kumar Singh

CHICAGO (Reuters) -Delta Air Lines on Thursday warned of a hit to its fourth-quarter revenue, saying consumers want to be home around the upcoming U.S. presidential election and are holding off discretionary spending.

Still, the Atlanta-based carrier said the current quarter is shaping up to be one of the most profitable fourth quarters in its history due to improved pricing power as well as strong holiday travel bookings.

Delta said the Nov. 5 presidential election is expected to shave 1 percentage point from its unit revenue in the December quarter. Some... More

Delta Air Lines (DAL) call put ratio 1.6 calls to 1 put into quarter results

October 10, 2024 5:40 AM EDT

Delta Air Lines (NYSE: DAL) October 11 weekly 51 straddle priced for a move of 6.5% into the expected release of quarter results today before the bell.

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Stocks expected to have increasing option volume: DAL DPZ JPM WFC BLK BAC ETWO

October 10, 2024 5:28 AM EDT

Stocks expected to have increasing option volume: DAL DPZ JPM WFC BLK BAC ETWO

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Delta is about to report earnings. Here’s what analysts are watching.

October 10, 2024 3:00 AM EDT

Delta Air Lines is gearing up to report its third-quarter earnings on Thursday, and analysts are keeping a close watch on a few key factors.

As per Bernstein, Deltas third-quarter results are expected to align with the companys previous guidance, with earnings projected to come in at around $1.59 per share, excluding an estimated $0.45 impact from a major outage linked to cybersecurity firm Crowdstrike.

Analysts are optimistic about Deltas ability to meet fourth-quarter expectations, especially given a... More

Delta Air Lines (DAL) call put ratio 1 call to 1.8 puts with focus on October 11 weekly 50 puts

October 9, 2024 10:12 AM EDT

Delta Air Lines (NYSE: DAL) October 11 weekly call option implied volatility is at 89, October is at 55; compared to its 52-week range of 28 to 47 into the expected release of quarter results before the bell on October 10. Call put ratio 1 call to 1.8 puts with focus on October 11 weekly 50 puts.

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What is the overall impact on Hurricane Milton on US stocks and sectors?

October 9, 2024 8:51 AM EDT

Inveting.com -- The impact of Hurricane Milton on U.S. stocks and sectors is big, with varying degrees of influence across different industries. 


As the hurricane, a powerful Category 4 storm, targets the west coast of Florida, financial analysts are already observing and projecting its repercussions across different sectors.


The Property and Casualty insurance sector is poised to feel the immediate impact of Milton. Analysts from RBC Capital Markets note that Milton could become one of the most expensive storms to hit Florida, generating tens of billions in insured losses. 

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Delta Air Lines (DAL) PT Raised to $59 at Susquehanna

October 9, 2024 6:58 AM EDT

(Updated - October 9, 2024 7:03 AM EDT)

Susquehanna analyst Christopher Stathoulopoulos raised the price target on Delta Air Lines (NYSE: DAL) to $59.00 (from $50.00) while maintaining a Positive rating.

The analyst commented: "We are lowering our 3Q adjusted EPS estimate by ~20% to $1.50 (or $0.05... More

Delta Air Lines (DAL) October 11 weekly 51 straddle priced into quarter results

October 9, 2024 5:23 AM EDT

Delta Air Lines (NYSE: DAL) October 11 weekly 51 straddle priced for a move of 6% into the expected release of quarter results before the bell on October 10.

... More

Stocks expected to have increasing option volume: DAL DPZ JPM WFC BLK BAC

October 9, 2024 5:08 AM EDT

Stocks expected to have increasing option volume: DAL DPZ JPM WFC BLK BAC

... More