Delta Air Lines Shares Drop 5.2% After Underperforming Market; EPS Forecast Up 56.5%
Delta Air Lines shares slid 5.16% to $67.44, significantly underperforming the S&P 500's 0.28% decline after pared recent gains. Analysts project Q1 EPS of $0.72—a 56.5% year-over-year increase—on $14.57 billion revenue, setting the stage for the company’s upcoming earnings release.
1. Stock Performance
Delta Air Lines closed at $67.44, down 5.16% from the prior session, underperforming the S&P 500's 0.28% loss and reversing recent gains that had lagged its sector.
2. Q1 Earnings Outlook
Analysts anticipate Q1 EPS of $0.72, marking a 56.5% increase year-over-year, on revenue of $14.57 billion—a 3.7% rise—making this release a key near-term catalyst.
3. Full-Year Projections
Consensus estimates forecast 2026 earnings of $7.22 per share, up 24.1%, on $65.96 billion revenue, up 4.1%, signaling sustained growth expectations.
4. Valuation and Industry Position
Shares trade at a forward P/E of 9.85 versus the industry average of 9.94 and a PEG of 0.69 versus 0.54, with the Transportation-Airlines group ranking 28th of 250 industries.