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Delta Air Lines (DAL) Suffers a Larger Drop Than the General Market: Key Insights
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Delta Air Lines (DAL - Free Report) closed at $84.03 in the latest trading session, marking a -1.07% move from the prior day. This change lagged the S&P 500's daily loss of 0.77%. On the other hand, the Dow registered a loss of 0.67%, and the technology-centric Nasdaq decreased by 0.92%.
The airline's stock has climbed by 6.08% in the past month, exceeding the Transportation sector's loss of 7.07% and the S&P 500's gain of 0.96%.
Analysts and investors alike will be keeping a close eye on the performance of Delta Air Lines in its upcoming earnings disclosure. The company's earnings report is set to go public on October 9, 2026. On that day, Delta Air Lines is projected to report earnings of $2.03 per share, which would represent year-over-year growth of 18.71%. Our most recent consensus estimate is calling for quarterly revenue of $17.67 billion, up 6% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $6.23 per share and revenue of $66.58 billion, indicating changes of +7.04% and +5.08%, respectively, compared to the previous year.
Investors might also notice recent changes to analyst estimates for Delta Air Lines. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. 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.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Delta Air Lines is holding a Zacks Rank of #4 (Sell) right now.
Investors should also note Delta Air Lines's current valuation metrics, including its Forward P/E ratio of 13.63. This expresses a premium compared to the average Forward P/E of 11.73 of its industry.
It is also worth noting that DAL currently has a PEG ratio of 1.17. 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. Transportation - Airline stocks are, on average, holding a PEG ratio of 0.92 based on yesterday's closing prices.
The Transportation - Airline industry is part of the Transportation sector. This group has a Zacks Industry Rank of 228, putting it in the bottom 8% of all 250+ industries.
The Zacks Industry Rank is ordered 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.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
View the Zacks #1 Rank List
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Delta Air Lines (DAL) Suffers a Larger Drop Than the General Market: Key Insights
Delta Air Lines (DAL - Free Report) closed at $84.03 in the latest trading session, marking a -1.07% move from the prior day. This change lagged the S&P 500's daily loss of 0.77%. On the other hand, the Dow registered a loss of 0.67%, and the technology-centric Nasdaq decreased by 0.92%.
The airline's stock has climbed by 6.08% in the past month, exceeding the Transportation sector's loss of 7.07% and the S&P 500's gain of 0.96%.
Analysts and investors alike will be keeping a close eye on the performance of Delta Air Lines in its upcoming earnings disclosure. The company's earnings report is set to go public on October 9, 2026. On that day, Delta Air Lines is projected to report earnings of $2.03 per share, which would represent year-over-year growth of 18.71%. Our most recent consensus estimate is calling for quarterly revenue of $17.67 billion, up 6% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $6.23 per share and revenue of $66.58 billion, indicating changes of +7.04% and +5.08%, respectively, compared to the previous year.
Investors might also notice recent changes to analyst estimates for Delta Air Lines. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. 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.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Delta Air Lines is holding a Zacks Rank of #4 (Sell) right now.
Investors should also note Delta Air Lines's current valuation metrics, including its Forward P/E ratio of 13.63. This expresses a premium compared to the average Forward P/E of 11.73 of its industry.
It is also worth noting that DAL currently has a PEG ratio of 1.17. 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. Transportation - Airline stocks are, on average, holding a PEG ratio of 0.92 based on yesterday's closing prices.
The Transportation - Airline industry is part of the Transportation sector. This group has a Zacks Industry Rank of 228, putting it in the bottom 8% of all 250+ industries.
The Zacks Industry Rank is ordered 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.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.