Delta Air Lines Gears Up For Q4 Print; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Portfolio Pulse from Avi Kapoor
Delta Air Lines, Inc. (NYSE:DAL) is expected to report Q4 earnings of $1.16 per share, down from $1.48 the previous year, with revenue estimated at $13.52 billion, up from $12.29 billion. The company reaffirmed its Q4 and FY23 guidance last month. DAL shares rose 1.7% to $42.32 on Tuesday. Analysts from JP Morgan, Susquehanna, Raymond James, Jefferies, and Citigroup have recently adjusted their price targets for DAL, with varying accuracy rates.
January 10, 2024 | 3:27 pm
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Delta Air Lines is anticipated to report a decrease in EPS but an increase in revenue for Q4. Analysts have recently adjusted price targets, with the stock closing up 1.7% on Tuesday.
The mixed earnings expectations with a decrease in EPS but an increase in revenue may lead to a neutral short-term impact on DAL's stock price. The recent reaffirmation of guidance suggests stability, while the price target adjustments by analysts reflect a recalibration of expectations rather than a clear directional consensus.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100