Shares of Delta Air Lines (DAL) rose on Friday after the airline reported fourth-quarter fiscal 2024 revenue and adjusted earnings that came in ahead of analysts' estimates.
Delta Air Lines Inc.'s stock jumped 3.4% in premarket trade Friday, after the carrier beat fourth-quarter profit and revenue estimates and forecast a strong 2025 driven by demand for premium travel.
Delta forecast first-quarter earnings of between 70 cents and $1, slightly higher than analysts' estimates. Delta beat sales and earnings estimates for the last three months of the year.
Airline stocks have been flying recently, which makes earnings season tricky to navigate for investors.
Today's Big 3 focuses on the biggest three earnings reports on Friday: Delta Airlines (DAL), Constellation Brands (STZ) and Walgreens (WBA). Jenny Horne previews the reports while Rick Ducat breaks down the technical trends.
Delta Air Lines CEO Ed Bastian speaks to 'The Claman Countdown' about the company's developments at the CES 2025.
In the latest trading session, Delta Air Lines (DAL) closed at $60.04, marking a +1.76% move from the previous day.
Delta Air Lines (DAL) is set to report earnings for the fourth quarter of fiscal 2024 before markets open Friday, with analysts expecting increases in revenue and adjusted profit.
Trading hours will be shortened this week with the Thursday national day of mourning for former U.S. President Jimmy Carter, which will close stock markets and federal agencies for the day, and some bond markets early. Several events on that day's calendar were rescheduled, with other changes possible.
After a strong second half of 2024, Delta is expected to report an acceleration in fourth-quarter revenue growth. The post Sellers Knock Delta Lower Ahead Of Q4 Results; Investment Bank Jefferies Holds Strong appeared first on Investor's Business Daily.
Delta Air Lines, Inc. DAL will release earnings results for its fourth quarter, before the opening bell on Friday, Jan. 10, 2025.
Delta (DAL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.