Analysts Offer Predictions for Delta Air Lines Q2 Earnings

Delta Air Lines, Inc. (NYSE:DAL) – Equities researchers at Seaport Res Ptn decreased their Q2 2025 earnings per share (EPS) estimates for shares of Delta Air Lines in a report released on Tuesday, April 8th. Seaport Res Ptn analyst D. Mckenzie now expects that the transportation company will earn $1.65 per share for the quarter, down from their prior estimate of $2.75. The consensus estimate for Delta Air Lines’ current full-year earnings is $7.63 per share. Seaport Res Ptn also issued estimates for Delta Air Lines’ Q3 2025 earnings at $0.75 EPS, Q4 2025 earnings at $0.90 EPS, FY2025 earnings at $3.67 EPS, FY2026 earnings at $5.50 EPS and FY2027 earnings at $6.50 EPS.

Delta Air Lines (NYSE:DAL) last released its quarterly earnings results 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 company had revenue of $12.98 billion during the quarter, compared to analyst estimates of $13.85 billion. Delta Air Lines had a net margin of 5.61% and a return on equity of 30.41%. The firm’s quarterly revenue was down 5.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.45 EPS.

A number of other equities research analysts have also issued reports on the company. Jefferies Financial Group reissued a “hold” rating and issued a $46.00 target price (down previously from $85.00) on shares of Delta Air Lines in a research report on Tuesday, April 1st. Bank of America cut their price objective on shares of Delta Air Lines from $65.00 to $56.00 and set a “buy” rating on the stock in a research report on Thursday, April 3rd. Susquehanna decreased their target price on shares of Delta Air Lines from $80.00 to $50.00 and set a “positive” rating for the company in a research report on Monday, April 7th. Dbs Bank cut shares of Delta Air Lines from a “strong-buy” rating to a “hold” rating in a research report on Thursday, April 3rd. Finally, Barclays reduced their price objective on shares of Delta Air Lines from $80.00 to $58.00 and set an “overweight” rating for the company in a research note on Tuesday. Four analysts have rated the stock with a hold rating, ten have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, Delta Air Lines currently has a consensus rating of “Moderate Buy” and an average price target of $61.06.

Delta Air Lines Stock Performance

Shares of Delta Air Lines stock opened at $40.88 on Thursday. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.37 and a quick ratio of 0.32. The firm has a market cap of $26.43 billion, a price-to-earnings ratio of 7.67, a price-to-earnings-growth ratio of 0.75 and a beta of 1.23. The stock’s 50-day moving average is $52.37 and its 200-day moving average is $57.69. Delta Air Lines has a one year low of $34.74 and a one year high of $69.98.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Boston Partners acquired a new position in shares of Delta Air Lines in the fourth quarter valued at about $328,398,000. Norges Bank acquired a new position in shares of Delta Air Lines during the 4th quarter worth approximately $152,342,000. Adage Capital Partners GP L.L.C. increased its holdings in shares of Delta Air Lines by 405.3% during the fourth quarter. Adage Capital Partners GP L.L.C. now owns 3,054,285 shares of the transportation company’s stock worth $184,784,000 after purchasing an additional 2,449,874 shares during the period. FMR LLC raised its position in shares of Delta Air Lines by 29.3% in the fourth quarter. FMR LLC now owns 9,955,818 shares of the transportation company’s stock valued at $602,327,000 after buying an additional 2,254,560 shares in the last quarter. Finally, Sanders Capital LLC boosted its stake in shares of Delta Air Lines by 6.9% in the fourth quarter. Sanders Capital LLC now owns 29,764,524 shares of the transportation company’s stock valued at $1,800,754,000 after buying an additional 1,922,932 shares during the period. Institutional investors own 69.93% of the company’s stock.

Insider Activity at Delta Air Lines

In other news, EVP Rahul D. Samant sold 17,970 shares of the company’s stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $69.08, for a total value of $1,241,367.60. Following the transaction, the executive vice president now owns 35,889 shares of the company’s stock, valued at approximately $2,479,212.12. This represents a 33.36 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP William C. Carroll sold 8,400 shares of Delta Air Lines stock in a transaction that occurred on Friday, January 17th. The stock was sold at an average price of $66.02, for a total value of $554,568.00. Following the sale, the senior vice president now directly owns 19,756 shares of the company’s stock, valued at approximately $1,304,291.12. The trade was a 29.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 162,886 shares of company stock worth $11,116,463. Company insiders own 0.96% of the company’s stock.

Delta Air Lines Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, February 27th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.47%. The ex-dividend date was Thursday, February 27th. Delta Air Lines’s payout ratio is presently 11.26%.

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.