Delta Air Lines (NYSE:DAL) updated its first quarter earnings guidance on Thursday. The company provided EPS guidance of $0.60-0.80 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.83. Delta Air Lines also updated its FY18 guidance to $6.35-6.70 EPS.

A number of equities research analysts have recently issued reports on the stock. Sanford C. Bernstein set a $67.00 target price on shares of Delta Air Lines and gave the stock a buy rating in a report on Wednesday. Imperial Capital set a $65.00 price objective on shares of Delta Air Lines and gave the company an outperform rating in a report on Friday. Stephens reissued a buy rating and issued a $72.00 price objective on shares of Delta Air Lines in a report on Wednesday. Stifel Nicolaus reissued a buy rating and issued a $85.00 price objective (up previously from $75.00) on shares of Delta Air Lines in a report on Wednesday. Finally, Cowen dropped their price objective on shares of Delta Air Lines from $60.00 to $58.00 and set an outperform rating for the company in a report on Thursday, September 28th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of Buy and a consensus price target of $65.53.

Delta Air Lines (DAL) opened at $59.83 on Friday. Delta Air Lines has a 1 year low of $43.81 and a 1 year high of $60.50. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.43 and a quick ratio of 0.36. The company has a market cap of $41,723.19, a PE ratio of 12.11, a price-to-earnings-growth ratio of 1.58 and a beta of 1.30.

Delta Air Lines (NYSE:DAL) last posted its earnings results on Thursday, January 11th. The transportation company reported $0.96 EPS for the quarter, beating the Zacks’ consensus estimate of $0.88 by $0.08. Delta Air Lines had a net margin of 8.67% and a return on equity of 26.49%. The company had revenue of $10.25 billion for the quarter, compared to analysts’ expectations of $10.14 billion. During the same quarter in the prior year, the company posted $0.82 earnings per share. Delta Air Lines’s revenue for the quarter was up 8.3% compared to the same quarter last year. equities research analysts forecast that Delta Air Lines will post 6.5 EPS for the current fiscal year.

In related news, Director Francis S. Blake bought 3,350 shares of the firm’s stock in a transaction on Friday, January 12th. The shares were bought at an average price of $59.76 per share, with a total value of $200,196.00. Following the completion of the transaction, the director now directly owns 33,520 shares of the company’s stock, valued at approximately $2,003,155.20. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Joanne D. Smith sold 894 shares of the company’s stock in a transaction dated Monday, December 18th. The shares were sold at an average price of $56.50, for a total transaction of $50,511.00. Following the completion of the transaction, the executive vice president now directly owns 72,393 shares in the company, valued at approximately $4,090,204.50. The disclosure for this sale can be found here. Insiders sold 249,197 shares of company stock worth $13,797,192 in the last ninety days. 0.37% of the stock is currently owned by corporate insiders.

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Delta Air Lines Company Profile

Delta Air Lines, Inc provides scheduled air transportation for passengers and cargo throughout the United States and across the world. The Company’s segments include Airline and Refinery. The Company’s route network is centered around a system of hub, international gateway and airports that the Company operates in Amsterdam, Atlanta, Boston, Detroit, London-Heathrow, Los Angeles, Minneapolis-St.

Earnings History and Estimates for Delta Air Lines (NYSE:DAL)

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