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Delta Air Lines (DAL) Advances While Market Declines: Some Information for Investors
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In the latest trading session, Delta Air Lines (DAL - Free Report) closed at $84.88, marking a +1.01% move from the previous day. This change outpaced the S&P 500's 0.17% loss on the day. Elsewhere, the Dow lost 0.26%, while the tech-heavy Nasdaq lost 0.09%.
Shares of the airline have appreciated by 7.73% over the course of the past month, outperforming the Transportation sector's loss of 6.18%, and the S&P 500's loss of 0.24%.
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 October 9, 2026. In that report, analysts expect Delta Air Lines to post earnings of $1.96 per share. This would mark year-over-year growth of 14.62%. Meanwhile, our latest consensus estimate is calling for revenue of $17.7 billion, up 6.15% from the prior-year quarter.
For the full year, the Zacks Consensus Estimates project earnings of $5.99 per share and a revenue of $66.66 billion, demonstrating changes of +2.92% and +5.21%, respectively, from the preceding year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Delta Air Lines. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has moved 3.88% lower. Currently, Delta Air Lines is carrying a Zacks Rank of #5 (Strong Sell).
With respect to valuation, Delta Air Lines is currently being traded at a Forward P/E ratio of 14.03. This signifies a premium in comparison to the average Forward P/E of 11.54 for its industry.
It is also worth noting that DAL currently has a PEG ratio of 1.21. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The average PEG ratio for the Transportation - Airline industry stood at 0.92 at the close of the market yesterday.
The Transportation - Airline industry is part of the Transportation sector. At present, this industry carries a Zacks Industry Rank of 234, placing it within the bottom 5% of over 250 industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
View the Zacks #1 Rank List
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Delta Air Lines (DAL) Advances While Market Declines: Some Information for Investors
In the latest trading session, Delta Air Lines (DAL - Free Report) closed at $84.88, marking a +1.01% move from the previous day. This change outpaced the S&P 500's 0.17% loss on the day. Elsewhere, the Dow lost 0.26%, while the tech-heavy Nasdaq lost 0.09%.
Shares of the airline have appreciated by 7.73% over the course of the past month, outperforming the Transportation sector's loss of 6.18%, and the S&P 500's loss of 0.24%.
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 October 9, 2026. In that report, analysts expect Delta Air Lines to post earnings of $1.96 per share. This would mark year-over-year growth of 14.62%. Meanwhile, our latest consensus estimate is calling for revenue of $17.7 billion, up 6.15% from the prior-year quarter.
For the full year, the Zacks Consensus Estimates project earnings of $5.99 per share and a revenue of $66.66 billion, demonstrating changes of +2.92% and +5.21%, respectively, from the preceding year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Delta Air Lines. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has moved 3.88% lower. Currently, Delta Air Lines is carrying a Zacks Rank of #5 (Strong Sell).
With respect to valuation, Delta Air Lines is currently being traded at a Forward P/E ratio of 14.03. This signifies a premium in comparison to the average Forward P/E of 11.54 for its industry.
It is also worth noting that DAL currently has a PEG ratio of 1.21. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The average PEG ratio for the Transportation - Airline industry stood at 0.92 at the close of the market yesterday.
The Transportation - Airline industry is part of the Transportation sector. At present, this industry carries a Zacks Industry Rank of 234, placing it within the bottom 5% of over 250 industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.