Delta Air Lines reported Q3 earnings with revenue of $20.20 billion, surpassing estimates, but earnings per share missed at $1.72 due to higher fuel costs. The airline lowered its 2026 adjusted earnings forecast to $5.10-$5.60 per share and free cash flow forecast to $2.50 billion, reflecting ongoing cost pressures. Despite strong travel demand and record revenue, shares fell 3% premarket as investors reacted to the reduced profit outlook. Delta expects 20% revenue growth in Q4 but profit guidance remains below analyst expectations.
Delta Air Lines shares on Pluang are trading at USD 79.60 as of Oct 09, 2026 20:42 WIB, down 3.09% for the day, reflecting the market's reaction to the lowered profit outlook despite strong revenue. This price is closer to the 52-week low of USD 55.65 than the 52-week high of USD 93.66, indicating some investor caution. The stock's market cap stands at $54.02 billion, with a dividend yield of 1.05% and a typical hold time of 97 days, showing steady investor interest despite recent volatility.
Delta Air Lines missed earnings expectations and lowered its full-year profit forecast due to a 60% surge in jet fuel costs linked to the Iran war. However, the airline kept its adjusted pretax profit roughly flat by raising fares and boosting revenu...
Southwest Airlines experienced a temporary grounding of flights due to a widespread IT outage affecting its vendor Amadeus, which handles booking, check-in, and baggage systems. The outage caused long lines, check-in failures, and app issues across m...
Delta Air Lines lowered its full-year profit forecast due to a $6 billion increase in jet fuel costs driven by the ongoing Iran war. Despite Elon Musk's viral joke about Delta's Wi-Fi, the airline's financial challenges stem from soaring fuel prices,...
Delta Air Lines reported a 3% drop in shares after missing Q3 earnings expectations due to a 62% jump in fuel costs. The airline cut its full-year profit and cash flow forecasts, citing rising fuel expenses expected to continue next quarter. Despite ...
Delta Air Lines reported September-quarter adjusted earnings of $1.72 per share, slightly below analyst expectations, and lowered its 2026 profit forecast due to soaring jet fuel costs. Despite a 16% revenue increase to $17.6 billion driven by strong...
