The blinkers are on for investors who'd be looking to potentially comment on the impact of the holiday season as Delta Air Lines (DAL, Financial) is scheduled to reveal its Q4 earnings on January 10.
Consensus Revenue Estimate is $14.59 billion (2.6% YOY) and consensus EPS Estimate is $1.74 (35.9% YOY). Fuel price instability, inflationary pressures, and limited aircraft deliveries could be among the issues the aviation industry finds troubling.
Over an outage in July that caused the carrier's computer systems to fail and resulted in around 7,000 flight cancellations, Delta Air Lines sued CrowdStrike (CRWD) in Georgia state court in October. Regarding projections, Delta has reiterated its 2024 projection and stated it anticipates 2025 for capacity expansion of 3% to 4% YOY, revenue growth of mid-single digits and non-fuel unit cost increase of low-single digits YOY.
The company fell short both on top and bottom line projections in the last quarter. DAL has outperformed EPS predictions 63% of the time and revenue estimates 75% of the time over the past two years. Revenue projections now show five downward and one upward change.
By 2024, company shares were up 49.6%.
