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.
DAL's Indicator enters downward trend
The Aroon Indicator for DAL entered a downward trend on January 08, 2025. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 197 similar instances where the Aroon Indicator formed such a pattern. In of the 197 cases the stock moved lower. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 62 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 Momentum Indicator moved below the 0 level on January 08, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on DAL as a result. In of 81 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
DAL moved below its 50-day moving average on December 30, 2024 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for DAL crossed bearishly below the 50-day moving average on December 30, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 18 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
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 .
Bullish Trend Analysis
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 .
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 (2.782) is normal, around the industry mean (3.905). P/E Ratio (12.349) is within average values for comparable stocks, (41.658). DAL's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (0.832). DAL has a moderately low Dividend Yield (0.008) as compared to the industry average of (0.038). P/S Ratio (0.692) is also within normal values, averaging (1.433).
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
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 94, 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