Q3 EPS Estimates for Delta Air Lines Cut by Zacks Research

Delta Air Lines, Inc. (NYSE:DAL - Free Report) - Investment analysts at Zacks Research cut their Q3 2025 earnings per share estimates for shares of Delta Air Lines in a research note issued on Tuesday, June 3rd. Zacks Research analyst M. Basu now expects that the transportation company will post earnings of $1.32 per share for the quarter, down from their previous forecast of $1.35. The consensus estimate for Delta Air Lines' current full-year earnings is $7.63 per share. Zacks Research also issued estimates for Delta Air Lines' FY2025 earnings at $4.63 EPS, Q2 2026 earnings at $2.50 EPS, Q3 2026 earnings at $1.93 EPS, Q4 2026 earnings at $1.68 EPS, FY2026 earnings at $7.26 EPS and FY2027 earnings at $8.01 EPS.

Delta Air Lines (NYSE:DAL - Get Free Report) last issued its quarterly earnings data on Wednesday, April 9th. The transportation company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.84 by ($0.38). The business had revenue of $12.98 billion for the quarter, compared to the consensus estimate of $13.85 billion. Delta Air Lines had a net margin of 5.61% and a return on equity of 30.41%. During the same period in the previous year, the business posted $0.45 EPS. Delta Air Lines's revenue was down 5.6% compared to the same quarter last year.

Several other research firms also recently issued reports on DAL. Jefferies Financial Group reiterated a "hold" rating and set a $46.00 price target (down previously from $85.00) on shares of Delta Air Lines in a research note on Tuesday, April 1st. Barclays decreased their target price on Delta Air Lines from $80.00 to $58.00 and set an "overweight" rating for the company in a research report on Tuesday, April 8th. Susquehanna dropped their price target on shares of Delta Air Lines from $80.00 to $50.00 and set a "positive" rating on the stock in a research report on Monday, April 7th. Citigroup decreased their price objective on shares of Delta Air Lines from $80.00 to $72.00 and set a "buy" rating for the company in a report on Tuesday, March 18th. Finally, Sanford C. Bernstein reiterated an "outperform" rating on shares of Delta Air Lines in a research note on Tuesday, May 13th. Three research analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, Delta Air Lines has a consensus rating of "Moderate Buy" and a consensus price target of $62.08.

Delta Air Lines Stock Up 4.4%

Delta Air Lines stock traded up $2.14 during mid-day trading on Thursday, hitting $50.98. 7,443,734 shares of the company's stock were exchanged, compared to its average volume of 9,605,960. Delta Air Lines has a 1-year low of $34.74 and a 1-year high of $69.98. The stock has a 50 day moving average of $44.66 and a two-hundred day moving average of $55.05. The company has a current ratio of 0.37, a quick ratio of 0.32 and a debt-to-equity ratio of 0.92. The stock has a market cap of $33.29 billion, a P/E ratio of 9.56, a P/E/G ratio of 0.75 and a beta of 1.51.

Delta Air Lines Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 3rd. Investors of record on Tuesday, May 13th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.18%. The ex-dividend date was Tuesday, May 13th. Delta Air Lines's payout ratio is presently 10.64%.

Hedge Funds Weigh In On Delta Air Lines

Several large investors have recently added to or reduced their stakes in the company. Boston Partners bought a new stake in shares of Delta Air Lines during the fourth quarter valued at approximately $328,398,000. Pacer Advisors Inc. boosted its stake in Delta Air Lines by 5,224.6% during the first quarter. Pacer Advisors Inc. now owns 4,336,709 shares of the transportation company's stock worth $189,081,000 after buying an additional 4,255,262 shares in the last quarter. AQR Capital Management LLC increased its holdings in Delta Air Lines by 149.9% in the 1st quarter. AQR Capital Management LLC now owns 5,963,882 shares of the transportation company's stock valued at $246,487,000 after buying an additional 3,577,489 shares during the period. Ameriprise Financial Inc. increased its holdings in Delta Air Lines by 347.4% in the 1st quarter. Ameriprise Financial Inc. now owns 4,232,974 shares of the transportation company's stock valued at $184,909,000 after buying an additional 3,286,741 shares during the period. Finally, Ninety One UK Ltd raised its stake in shares of Delta Air Lines by 1,469.9% in the 1st quarter. Ninety One UK Ltd now owns 3,309,020 shares of the transportation company's stock valued at $144,273,000 after buying an additional 3,098,237 shares in the last quarter. Institutional investors and hedge funds own 69.93% of the company's stock.

About Delta Air Lines

Delta Air Lines, Inc provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its domestic network centered on core hubs in Atlanta, Minneapolis-St. Paul, Detroit, and Salt Lake City, as well as coastal hub positions in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle; and international network centered on hubs and market presence in Amsterdam, Bogota, Lima, Mexico City, London-Heathrow, Paris-Charles de Gaulle, Sao Paulo, Seoul-Incheon, and Tokyo.