Delta Air Traces (NYSE:DAL) will launch its earnings information earlier than the market opens on Tuesday, October 13th. Analysts count on Delta Air Traces to submit earnings of ($3.10) per share for the quarter.
Delta Air Traces (NYSE:DAL) final introduced its quarterly earnings outcomes on Tuesday, July 14th. The transportation firm reported ($4.43) EPS for the quarter, lacking the consensus estimate of ($4.24) by ($0.19). Delta Air Traces had a adverse web margin of 10.74% and a adverse return on fairness of 4.02%. The agency had income of $1.47 billion throughout the quarter, in comparison with analyst estimates of $1.40 billion. Throughout the identical quarter within the earlier 12 months, the enterprise posted $2.35 EPS. Delta Air Traces’s income for the quarter was down 88.3% in comparison with the identical quarter final 12 months. On common, analysts count on Delta Air Traces to submit $-10 EPS for the present fiscal 12 months and $1 EPS for the subsequent fiscal 12 months.
Shares of NYSE:DAL opened at $31.06 on Wednesday. The agency’s 50 day transferring common is $30.88 and its two-hundred day transferring common is $27.18. Delta Air Traces has a 52 week low of $17.51 and a 52 week excessive of $62.48. The agency has a market capitalization of $19.81 billion, a P/E ratio of -5.33 and a beta of 1.32. The corporate has a present ratio of 0.94, a fast ratio of 0.91 and a debt-to-equity ratio of two.23.
In associated information, CFO Paul A. Jacobson offered 18,00Zero shares of the agency’s stock in a transaction that occurred on Monday, August 10th. The shares had been offered at a median price of $29.00, for a complete transaction of $522,000.00. Following the completion of the sale, the chief monetary officer now straight owns 453,478 shares within the firm, valued at $13,150,862. The sale was disclosed in a authorized submitting with the Securities & Trade Fee, which is offered at this hyperlink. Additionally, EVP Steven M. Sear offered 14,127 shares of the agency’s stock in a transaction that occurred on Friday, August 14th. The stock was offered at a median price of $28.98, for a complete transaction of $409,400.46. Following the completion of the transaction, the manager vice chairman now straight owns 83,938 shares of the corporate’s stock, valued at roughly $2,432,523.24. The disclosure for this sale will be discovered right here. Insiders have offered 57,127 shares of firm stock valued at $1,723,900 during the last 90 days. 0.63% of the stock is at present owned by insiders.
A number of equities analysis analysts have commented on the stock. Raymond James raised their price goal on shares of Delta Air Traces from $36.00 to $38.00 and gave the corporate an “outperform” ranking in a analysis be aware on Wednesday, September 30th. Barclays raised their price goal on shares of Delta Air Traces from $26.00 to $30.00 in a analysis be aware on Friday, September 18th. Citigroup raised their price goal on shares of Delta Air Traces from $30.00 to $38.00 and gave the corporate a “purchase” ranking in a analysis be aware on Monday, June 15th. Berenberg Bank lowered shares of Delta Air Traces from a “purchase” ranking to a “maintain” ranking and set a $32.00 price goal on the stock. in a analysis be aware on Wednesday, September 2nd. Lastly, JPMorgan Chase & Co. raised their price goal on shares of Delta Air Traces from $45.00 to $51.00 and gave the corporate an “obese” ranking in a analysis be aware on Wednesday. Eleven analysts have rated the stock with a maintain ranking, eight have issued a purchase ranking and one has assigned a powerful purchase ranking to the corporate. The corporate has a median ranking of “Purchase” and a consensus goal price of $46.00.
About Delta Air Traces
Delta Air Traces, Inc offers scheduled air transportation for passengers and cargo in the US and internationally. The corporate operates via two segments, Airline and Refinery. Its route community is centered on a system of hubs and markets at airports in Amsterdam, Atlanta, Boston, Detroit, London-Heathrow, Los Angeles, Mexico Metropolis, Minneapolis-St.
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