EPS for Delta Air Lines, Inc. (DAL) Expected At $1.76

September 16, 2018 - By Darrell Taylor

Delta Air Lines, Inc. (NYSE:DAL) LogoInvestors sentiment decreased to 0.99 in 2018 Q2. Its down 0.27, from 1.26 in 2018Q1. It fall, as 78 investors sold Delta Air Lines, Inc. shares while 271 reduced holdings. 87 funds opened positions while 259 raised stakes. 568.41 million shares or 0.26% less from 569.91 million shares in 2018Q1 were reported.
Teachers Retirement Sys Of The State Of Kentucky has 338,450 shares for 0.2% of their portfolio. Alyeska Gp Inc Limited Partnership stated it has 1.14% of its portfolio in Delta Air Lines, Inc. (NYSE:DAL). Buckingham Cap Mngmt Incorporated invested 1.52% of its portfolio in Delta Air Lines, Inc. (NYSE:DAL). Sigma Planning holds 0.08% of its portfolio in Delta Air Lines, Inc. (NYSE:DAL) for 23,431 shares. Blue Chip Prtnrs invested in 2,801 shares or 0.04% of the stock. Laurion Capital Lp owns 135,816 shares. Ameriprise Fincl holds 0.17% of its portfolio in Delta Air Lines, Inc. (NYSE:DAL) for 7.87 million shares. Amica Retiree Med reported 3,637 shares or 0.16% of all its holdings. Baskin Serv Inc reported 1.67% of its portfolio in Delta Air Lines, Inc. (NYSE:DAL). Alpha Cubed Investments Ltd Limited Liability Company stated it has 5,423 shares or 0.03% of all its holdings. Markel holds 0.02% in Delta Air Lines, Inc. (NYSE:DAL) or 22,000 shares. Kingdon Mngmt Limited Company has 335,132 shares. State Common Retirement Fund reported 1.47 million shares. Eidelman Virant invested 0.77% in Delta Air Lines, Inc. (NYSE:DAL). National Bank & Trust Of America De has 0.05% invested in Delta Air Lines, Inc. (NYSE:DAL).

Since April 18, 2018, it had 0 insider buys, and 12 sales for $9.06 million activity. Bastian Edward H had sold 25,000 shares worth $1.38 million. $1.29 million worth of Delta Air Lines, Inc. (NYSE:DAL) was sold by CARP DANIEL A. Another trade for 4,353 shares valued at $250,276 was sold by Smith Joanne D. EASTER WILLIAM H III also sold $175,419 worth of Delta Air Lines, Inc. (NYSE:DAL) shares. $556,873 worth of stock was sold by Sear Steven M on Wednesday, May 30. The insider Meynard Craig M sold $97,378.

Analysts expect Delta Air Lines, Inc. (NYSE:DAL) to report $1.76 EPS on October, 10.They anticipate $0.19 EPS change or 12.10 % from last quarter’s $1.57 EPS. DAL’s profit would be $1.21 billion giving it 8.23 P/E if the $1.76 EPS is correct. After having $1.77 EPS previously, Delta Air Lines, Inc.’s analysts see -0.56 % EPS growth. The stock increased 0.19% or $0.11 during the last trading session, reaching $57.93. About 3.45M shares traded. Delta Air Lines, Inc. (NYSE:DAL) has risen 17.03% since September 16, 2017 and is uptrending. It has outperformed by 1.41% the S&P500.

Delta Air Lines, Inc. (NYSE:DAL) Ratings Coverage

Among 9 analysts covering Delta Air Lines (NYSE:DAL), 8 have Buy rating, 0 Sell and 1 Hold. Therefore 89% are positive. Delta Air Lines had 15 analyst reports since March 19, 2018 according to SRatingsIntel. As per Thursday, July 12, the company rating was maintained by Morgan Stanley. The rating was maintained by Cowen & Co with “Buy” on Tuesday, April 3. Morgan Stanley maintained the stock with “Overweight” rating in Friday, April 20 report. The stock has “Overweight” rating by Barclays Capital on Monday, July 16. The rating was downgraded by Deutsche Bank to “Hold” on Tuesday, July 3. Stifel Nicolaus maintained the stock with “Buy” rating in Thursday, April 5 report. The firm earned “Buy” rating on Thursday, June 7 by Citigroup. On Monday, March 19 the stock rating was maintained by Morgan Stanley with “Overweight”. Morgan Stanley maintained the shares of DAL in report on Thursday, April 12 with “Overweight” rating. The rating was maintained by Stephens with “Buy” on Thursday, March 29.

Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company has market cap of $39.90 billion. The firm operates through two divisions, Airline and Refinery. It has a 12.06 P/E ratio. The Company’s route network is centered around a system of hubs, international gateways, and airports in Amsterdam, Atlanta, Boston, Detroit, London-Heathrow, Los Angeles, Minneapolis-St.

More notable recent Delta Air Lines, Inc. (NYSE:DAL) news were published by: Fool.com which released: “Delta Air Lines Will Expand Transatlantic Service in 2019” on August 28, 2018, also Benzinga.com with their article: “Yum, Alibaba, And 2 Other Stocks In Uptrends This Week” published on August 22, 2018, Bizjournals.com published: “American Airlines and Delta Air Lines in no rush to hike baggage fees” on September 12, 2018. More interesting news about Delta Air Lines, Inc. (NYSE:DAL) were released by: Bizjournals.com and their article: “American, Delta, Southwest and United airlines race to prepare for Hurricane Florence” published on September 10, 2018 as well as Seekingalpha.com‘s news article titled: “Delta Air Lines, Inc. (DAL) at Cowen and Company 11th Annual Global Transportation Conference (Transcript)” with publication date: September 05, 2018.

Delta Air Lines, Inc. (NYSE:DAL) Institutional Positions Chart

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