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Delta Air Lines (DAL) Stock Moves 0.15%: What You Should Know

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Delta Air Lines (DAL - Free Report) closed the most recent trading day at $47.77, moving +0.15% from the previous trading session. This change traded in line with S&P 500.

Coming into today, shares of the airline had gained 6.81% in the past month. In that same time, the Transportation sector gained 3.93%, while the S&P 500 gained 0.58%.

Wall Street will be looking for positivity from DAL as it approaches its next earnings report date. In that report, analysts expect DAL to post earnings of -$1.44 per share. This would mark year-over-year growth of 67.49%. Meanwhile, our latest consensus estimate is calling for revenue of $6.35 billion, up 332.44% from the prior-year quarter.

For the full year, our Zacks Consensus Estimates are projecting earnings of -$3.93 per share and revenue of $27.29 billion, which would represent changes of +63.48% and +59.64%, respectively, from the prior year.

Investors should also note any recent changes to analyst estimates for DAL. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 3.56% lower within the past month. DAL currently has a Zacks Rank of #3 (Hold).

The Transportation - Airline industry is part of the Transportation sector. This industry currently has a Zacks Industry Rank of 221, which puts it in the bottom 13% of all 250+ industries.

The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.


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