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Delta Air Lines (DAL) Rises Higher Than Market: Key Facts

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Delta Air Lines (DAL - Free Report) closed the most recent trading day at $67.60, moving +1.68% from the previous trading session. This move outpaced the S&P 500's daily gain of 0.72%. On the other hand, the Dow registered a gain of 0.48%, and the technology-centric Nasdaq increased by 1.16%.

Shares of the airline witnessed a gain of 2.91% over the previous month, beating the performance of the Transportation sector with its loss of 8.63%, and the S&P 500's loss of 4.99%.

The investment community will be paying close attention to the earnings performance of Delta Air Lines in its upcoming release. The company is slated to reveal its earnings on April 8, 2026. The company's earnings per share (EPS) are projected to be $0.68, reflecting a 47.83% increase from the same quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $14.77 billion, up 5.19% from the year-ago period.

Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $6.83 per share and revenue of $65.99 billion. These totals would mark changes of +17.35% and +4.14%, respectively, from last year.

Investors should also pay attention to any latest changes in analyst estimates for Delta Air Lines. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 5.18% downward. As of now, Delta Air Lines holds a Zacks Rank of #3 (Hold).

Valuation is also important, so investors should note that Delta Air Lines has a Forward P/E ratio of 9.73 right now. Its industry sports an average Forward P/E of 8.13, so one might conclude that Delta Air Lines is trading at a premium comparatively.

It's also important to note that DAL currently trades at a PEG ratio of 0.68. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Transportation - Airline was holding an average PEG ratio of 0.43 at yesterday's closing price.

The Transportation - Airline industry is part of the Transportation sector. This industry, currently bearing a Zacks Industry Rank of 99, finds itself in the top 41% echelons of all 250+ industries.

The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. 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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