Delta Air Lines Stock Drops 1.2% as Q1 EPS Seen Up 56.5%
Delta Air Lines shares closed at $63.83 after a 1.19% decline, underperforming the S&P 500’s 0.78% gain and the Transportation sector’s 4.13% one-month advance. Analysts project Q1 EPS of $0.72 (up 56.5% YoY) on $14.57B revenue, with full-year EPS of $7.22.
1. Stock Performance
Delta Air Lines closed at $63.83, down 1.19% on the day, trailing the S&P 500’s 0.78% gain and the Transportation sector’s 4.13% one-month rally.
2. Quarterly and Annual Estimates
Analysts forecast Q1 EPS of $0.72, marking a 56.52% year-over-year increase on $14.57B revenue (up 3.74%). Full-year projections call for $7.22 EPS (+24.05%) on $65.96B revenue (+4.10%).
3. Valuation Metrics and Industry Position
The stock trades at a forward P/E of 8.95 versus the industry’s 9.0, with a PEG of 0.62 above the sector average of 0.51. Delta holds a Zacks Rank of 3 (Hold) and its airline industry group ranks in the top 13% of all industries.