Analyst Estimates

Delta Air Lines, Inc. (NYSE:DAL): Analyst’s Estimations

Delta Air Lines, Inc. (NYSE:DAL) soared 1.00% or +0.51 points during previous trade after opening at the price of $51.46, a total of 9,923,400 shares exchanged hands compared with its average trading volume of 9.11M shares. The stock has a market capitalization of $39.49B and it has 736.38M outstanding shares.

According to consensus agreement of 15 analysts Delta Air Lines, Inc. (NYSE:DAL) will report earnings per share of $0.82 in their quarterly report and it is expected to announce the company’s results on 1/12/17 Before Market Open. The stock added almost 30.3% in price since last earning report, when its share price was $39.09. For the current quarter the company has highest EPS estimates of $0.84 and low forecast is $0.79. However a year ago for the same quarter the company has reported $1.18 earnings per share.

Earnings reaction history indicates that share price went up 21 times out of last 28 quarters. In Delta Air Lines, Inc. (NYSE:DAL)’s last 12 earnings reports, it has beaten EPS estimates 91% of the time. However it has meet the estimates 0 time and missed 1 time.

If we have a peek on EPS and surprise factor history during last four quarters, for the previous quarter ended on 9/2016, the consensus mean EPS was $1.65 while Delta Air Lines, Inc. (NYSE:DAL) reported $1.70 EPS on 10/13/2016 Before Market Open with a difference of 0.05 marking a surprise factor of 3.03%. The stock’s next day closing price was $39.83 with the gain of 1.89% in its share price. On seventh day of the earnings report price change of the stock was 4.14%.

Previously for the quarter ended on 6/2016, Delta Air Lines, Inc. (NYSE:DAL)’s expected mean EPS was $1.42, the company reported its quarterly earnings per share of $1.47 on 7/14/2016 Before Market Open, beating the analysts’ consensus estimate by 0.05 with surprise factor of 3.52%. The stock’s closing price was $40.57 with the gain of 3.60% in its share price on the day following the earning announcement. However price change of the stock was 1.66% on seventh day of the earnings report.

Delta Air Lines, Inc. (NYSE:DAL)’s mean EPS estimate was $1.29 for the quarter ended on 3/2016, while it reported EPS of $1.32 on 4/14/2016 Before Market Open, beating the analysts’ consensus estimate by 0.03 with surprise factor of 2.33%. On next day when data was publically announced, the stock’s closing price was $47.85 with 0.93% gain in its share price. On seventh day of the earnings report price change of the stock was down -3.00%.

Back on 1/19/2016 the company’s estimated EPS value was $1.19 and it reported $1.18 earnings per share (EPS) for the quarter ended on 12/2015. The company posted a negative surprise factor of -0.01% by 0.84.

Average EPS forecast for the current year is $5.31 according to 16 analysts making projections for Delta Air Lines, Inc. (NYSE:DAL). The most expectant earnings per share estimate of the stock is set at $5.34 while the conservative estimates kept at $5.29 over the current year. Having a look at the historical EPS report, the company attained $4.61 EPS for the previous year. While revenue estimates for the current year is $39.59B, Delta Air Lines, Inc. (NYSE:DAL) setting the highest revenues estimates of $39.65B and indicating lowest revenues at $39.53B according to agreement of 13 number of analysts. Current quarter revenue movements show that, the company has set average revenue estimates of $9.4B covering forecast of 10 analysts. The company indicates a peak revenue level of $9.46B and $9.35B at bottom level.

Having a glance at growth estimates of the company, it has current quarter growth estimates of -30.50% whereas for next quarter it has -30.50% estimations over growth. Its forecasts over growth are 15.20% during current year while analysts’ growth estimation for the next year is -4.30%. Past 5 years growth of Delta Air Lines, Inc. (NYSE:DAL) observed at 26.86%, and for the next five years the analysts that follow this company are expecting its growth at 8.53%.

Delta Air Lines, Inc. (NYSE:DAL) reached at $51.44 price level during last trade its distance from 20 days simple moving average is 2.83%, and its distance from 50 days simple moving average is 6.91% while it has a distance of 22.36% from the 200 days simple moving average. One year trading price range hit the peak level of $52.76 and touched the lowest level of $32.27. The company’s distance from 52-week high price is -2.50% and current price is above +59.39% from 52-week low price.

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