Delta's EPS Estimates Southbound: Time to Sell DAL Stock?
Delta(DAL) ZACKS·2024-09-04 00:41
Atlanta, GA-based airline heavyweight Delta Air Lines (DAL) faces multiple headwinds ranging from the current overcapacity in the airline market, technology outage and high costs. Due to the headwinds, earnings estimates for not only the remaining quarters of 2024 but also for the current year are on the decline, signaling a bearish outlook for the airline. The Zacks Consensus Estimate for third-quarter and full-year 2024 earnings per share indicates a decline of 26.1% and 5% from the respective 2023 figur ...