Delta Air Lines (DAL) Expected to Announce Quarterly Earnings on Friday

Delta Air Lines (NYSE:DAL) is expected to announce its Q3 2026 results before the market opens on Friday, October 9th. Analysts expect Delta Air Lines to announce earnings of $1.81 per share and revenue of $17.6518 billion for the quarter. Investors can find conference call details on the company’s upcoming Q3 2026 earning report page for the latest details on the call scheduled for Friday, October 9, 2026 at 10:00 AM ET.

Delta Air Lines (NYSE:DAL) last announced its quarterly earnings data on Thursday, July 9th. The transportation company reported $1.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.07. The firm had revenue of $17.67 billion during the quarter, compared to analysts’ expectations of $17.43 billion. Delta Air Lines had a return on equity of 17.52% and a net margin of 5.79%.The company’s revenue for the quarter was up 18.7% compared to the same quarter last year. During the same period last year, the business posted $2.10 earnings per share. On average, analysts expect Delta Air Lines to post $6 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Delta Air Lines Price Performance

Shares of NYSE DAL opened at $82.98 on Thursday. The business’s 50 day moving average price is $83.75 and its 200 day moving average price is $79.69. The firm has a market cap of $54.57 billion, a P/E ratio of 13.76, a P/E/G ratio of 1.36 and a beta of 1.34. Delta Air Lines has a 52 week low of $55.03 and a 52 week high of $95.68. The company has a quick ratio of 0.35, a current ratio of 0.42 and a debt-to-equity ratio of 0.48.

Delta Air Lines Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 5th. Shareholders of record on Thursday, October 15th will be given a dividend of $0.2150 per share. The ex-dividend date of this dividend is Thursday, October 15th. This represents a $0.86 dividend on an annualized basis and a yield of 1.0%. Delta Air Lines’s dividend payout ratio (DPR) is currently 14.26%.

Insider Activity at Delta Air Lines

In other Delta Air Lines news, President Peter Carter sold 39,900 shares of Delta Air Lines stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $92.98, for a total value of $3,709,902.00. Following the completion of the transaction, the president owned 424,704 shares of the company’s stock, valued at approximately $39,488,977.92. The trade was a 8.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Michael Huerta sold 3,100 shares of the company’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $94.11, for a total transaction of $291,741.00. Following the completion of the transaction, the director owned 32,525 shares of the company’s stock, valued at approximately $3,060,927.75. This trade represents a 8.70% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 356,726 shares of company stock valued at $33,081,037 in the last quarter. 0.80% of the stock is currently owned by insiders.

Delta Air Lines News Summary

Here are the key news stories impacting Delta Air Lines this week:

• Positive Sentiment: Premium-ticket sales and continued willingness to pay higher fares could help Delta exceed third-quarter earnings expectations. CEO Ed Bastian said travel demand remains strong despite rising prices, supporting revenue and margin prospects. Premium tickets could help Delta Air Lines beat Q3 earnings estimates Delta CEO sees no slowdown in travel demand
• Positive Sentiment: Citi maintained its Buy rating, while Susquehanna retained a positive rating despite reducing its price target to $100 from $105. The revised target still implies substantial upside from recent levels. Citi maintains Buy rating
• Positive Sentiment: Delta continues expanding its network, including planned twice-daily Salt Lake City–Flagstaff service in 2027, while its LATAM joint venture continues to broaden North and South American connectivity. Delta adds Salt Lake City-Flagstaff service
• Neutral Sentiment: Investors are positioned for a potentially sizable post-earnings move. Expectations center on roughly 16%–16.5% third-quarter revenue growth and earnings of approximately $1.70–$1.90 per share, making Friday’s results and outlook especially important. Traders anticipate a sizable earnings move
• Negative Sentiment: Jet-fuel costs have reportedly risen about 40% year over year, creating pressure on margins and prompting estimate and price-target revisions. UBS also warned that Delta faces a high bar for fourth-quarter revenue guidance. UBS says Delta faces a high bar for fourth-quarter revenue
• Negative Sentiment: Higher oil and gasoline prices linked to the Iran conflict are attracting short sellers to airline stocks, adding sector-wide pressure and increasing sensitivity to Delta’s fuel outlook. Airline stocks face short-selling pressure

Analyst Upgrades and Downgrades

Several analysts have commented on DAL shares. Wells Fargo & Company decreased their price objective on shares of Delta Air Lines from $105.00 to $100.00 and set an “overweight” rating for the company in a research note on Tuesday. Sanford C. Bernstein reduced their target price on shares of Delta Air Lines from $106.00 to $100.00 and set an “outperform” rating for the company in a report on Wednesday. Seaport Research Partners reduced their target price on shares of Delta Air Lines from $108.00 to $95.00 and set a “buy” rating for the company in a report on Friday, September 25th. Barclays decreased their target price on shares of Delta Air Lines from $105.00 to $95.00 and set an “overweight” rating for the company in a research report on Friday, September 11th. Finally, Bank of America upped their price target on shares of Delta Air Lines from $93.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, July 1st. Twenty-three equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $99.01.

About Delta Air Lines

Delta Air Lines, Inc is a major U.S. airline that provides scheduled passenger and air freight transportation. The company serves destinations throughout the United States and connects customers to international markets across Europe, Asia, Latin America, Canada, Africa and the Caribbean through its own operations and regional airline partners.

Delta offers multiple classes of passenger service, including premium cabins and its main cabin, along with travel-related products such as vacation packages and loyalty benefits through the SkyMiles program.