Delta Air Lines Reports Record $4.6B Cash, Forecasts 20% EPS Growth
Delta Air Lines hit all-time highs after posting a slight Q4 EPS beat, slight revenue miss and a record $4.6 billion cash position. It forecasts 20% year-over-year EPS growth in 2026 driven by premium cabin revenue, with potential upside if economy-class demand recovers.
1. Q4 2025 Earnings Highlights
Delta delivered a slight Q4 EPS beat against expectations but experienced a modest revenue shortfall attributed in part to the government shutdown. The airline ended the period with a record $4.6 billion in free cash, bolstering its balance sheet heading into 2026.
2. 2026 EPS Growth Guidance
Management projects 20% year-over-year EPS growth in 2026, driven by increased premium cabin revenue from corporate travelers and high-yield leisure customers. Analysts note that a rebound in economy-class bookings could further lift earnings beyond current estimates.
3. Technical Momentum and Stock Performance
Shares have broken out to new all-time highs, supported by a golden cross and strong 50-day moving average support. An uptrending Relative Strength Index underlines bullish investor sentiment as travel demand accelerates.