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Your Two Minute Earnings Preview for Delta Air Lines (DAL) Stock
Today’s video takes a quick look at Delta Air Lines (DAL - Free Report) heading into their earnings report. The company is one of the most important ones in the air transportation market, so its report can definitely set the tone for the space, making it a closely watched release for investors.
The stock will definitely need a nice report to soothe investor concerns though, as shares of this name have been under pressure for much of the year, like other stocks in the space. In fact, the airline industry currently has a rank in the bottom 30%, suggesting that many companies have poor Zacks Ranks in this corner of the stock world.
DAL has just escaped a similar fate, as its Zacks Rank has just been upgraded out of ‘sell’ territory and into hold. The stock does have a nice VGM score suggesting strong fundamentals though, while it has an excellent history in earnings season, something that could bode well for its report later in the week.
DELTA AIR LINES Price and EPS Surprise
DELTA AIR LINES Price and EPS Surprise | DELTA AIR LINES Quote
Delta Air Lines reports before the bell on October 13th and we are looking for earnings of at least $1.65/share. Make sure to watch the video for a quick guide to DAL heading into the report, but if you want to trade DAL stock, check out Dave Bartosiak’s Live Trader for some option insights ahead of the release.