Earnings Preview: Delta Air Lines

| About: Delta Air (DAL)
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Delta Air Lines (NYSE:DAL) is expected to report Q1 earnings on Wednesday, April 25 before the market open with a conference call scheduled for 10:00 am ET.


Analysts are looking for EPS of (5c) on revenue of $8.34B. The consensus range is (11c)-0c for EPS, and $8.13B-$8.45B for revenue, according to First Call. On its Q4 earnings report, Delta beat EPS and revenue estimates. The company said overall system demand trends remained strong for Q1. Passenger unit revenue was positive during the quarter, increasing 14.5% in January and 13% in February and March. The shares have traded in a choppy pattern since late January. They made a 52-week high of $11.60 in early February, then fell approximately 20% into mid-March. Since then, they have rallied about 20%.