Delta Air Lines (DAL, $57.86) Q1 earnings and revenue exceed analysts' expectations
Delta Air Lines' first quarter results beat analysts’ estimates.
The airline raked in earnings of 96 cents a share on an adjusted basis, compared to analysts’ expectations of 90 cents (based on Refinitiv survey). Revenue for the quarter came in at $10.47 billion, surpassing estimates of $10.42 billion.
President Glen Hauenstein mentioned the company’s “customer-focused commercial initiatives” as a strong reason behind customer loyalty and revenue.
Delta could avoid the fallout from the grounding of Boeing 737 MAX jets, which have forced other carriers to cancel flights and switch to other types of aircrafts.
Hauenstein said that the company now expects full-year revenue growth of 5% to 7%, which is an upward revision from its prior projection.
Momentum Indicator for DAL turns positive, indicating new upward trend
DAL saw its Momentum Indicator move above the 0 level on January 10, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 80 similar instances where the indicator turned positive. In of the 80 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
DAL moved above its 50-day moving average on January 10, 2025 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for DAL crossed bullishly above the 50-day moving average on January 15, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 19 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where DAL advanced for three days, in of 302 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The 10-day RSI Indicator for DAL moved out of overbought territory on January 13, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 38 similar instances where the indicator moved out of overbought territory. In of the 38 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 61 cases where DAL's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for DAL turned negative on February 03, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 45 similar instances when the indicator turned negative. In of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where DAL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
DAL broke above its upper Bollinger Band on January 10, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for DAL entered a downward trend on January 08, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. DAL’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.919) is normal, around the industry mean (3.999). P/E Ratio (12.957) is within average values for comparable stocks, (36.942). DAL's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (0.876). DAL has a moderately low Dividend Yield (0.007) as compared to the industry average of (0.037). P/S Ratio (0.726) is also within normal values, averaging (1.436).
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. DAL’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 92, placing this stock better than average.
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General Information
a provider of scheduled air transportation for passengers, freight, and mail services
Industry Airlines