Delta Air Lines Inc. withdrew its full-year financial guidance due to uncertainty surrounding global trade as it reported first-quarter results. While Delta still anticipates a profit in 2025, it declined to reaffirm the forecast issued in January.
Delta is one of the largest U.S. companies to warn that the escalating trade war is weighing on its business and the global economy.
Delta Air Lines (DAL) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.45 per share a year ago.
Delta Air Lines (DAL) shares rose in premarket trading Wednesday after the carrier's fiscal first-quarter results came in better than analysts had expected.
Delta Air Lines says that global economic uncertainty over tariffs is hurting bookings. "Growth has largely stalled," CEO Ed Bastian said in the airline's first-quarter earnings release.
Delta Air Lines CEO Ed Bastian called President Donald Trump's tariffs "the wrong approach." The airline cut its growth plans and said it can't reaffirm its 2025 financial guidance.
Delta expands its Caribbean and Latin American reach by launching flights for this winter.
Despite a ~38.68% YTD drop, Delta shares are undervalued; robust fundamentals and resilient travel demand present a compelling buy opportunity. Short-term sentiment on reduced high-end travel is driving the price down, but Delta's earnings growth potential remains strong. Falling fuel prices will improve margins, and TSA data shows continued strong travel demand, supporting Delta's revenue growth.
Delta Air Lines (DAL) is set to report fiscal 2025 first-quarter results before the opening bell Wednesday as analysts have grown more cautious about air travel demand amid rising economic uncertainty.
Delta stock has come under heavy selling pressure after CEO Ed Bastian sounded bullish after the company's fourth-quarter report. The post Delta Stock Nailed Ahead Of Results; JPMorgan, Wells Fargo Headline Earnings Calendar appeared first on Investor's Business Daily.
Get a deeper insight into the potential performance of Delta (DAL) for the quarter ended March 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Delta Air Lines is set to post its Q1 results next week. Here, we assess factors that are likely to have influenced it and how investors should play this stock now.