A Glimpse of Delta Air Lines's Earnings Potential
Portfolio Pulse from Benzinga Insights
Delta Air Lines is set to release its quarterly earnings on October 10, 2024, with analysts expecting an EPS of $1.55. The company's past performance shows mixed results, with a recent EPS miss leading to a share price drop. Analysts have a 'Buy' rating on Delta, with a price target suggesting a 21.49% upside. Delta's financial metrics show strong revenue growth and profitability, but it ranks lower in gross profit compared to peers.
October 09, 2024 | 2:00 pm
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Delta Air Lines is expected to report an EPS of $1.55. Investors are looking for not just an earnings beat but also positive guidance. The stock has a 'Buy' rating with a potential 21.49% upside. Past performance shows mixed results, with a recent EPS miss causing a share price drop.
Delta's upcoming earnings report is crucial as investors are not only looking for an EPS beat but also positive future guidance. The stock has a 'Buy' rating and a significant potential upside, indicating positive sentiment. However, past performance shows that missing EPS estimates can lead to a drop in share price, highlighting the importance of meeting or exceeding expectations.
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IMPORTANCE 80
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