Brokerages lift Delta PT after strong Q2 beat, reinstated 2025 outlook
Several brokerages raise Delta Air Lines DAL.N PT after co posts Q2 earnings above Wall Street estimates and restores annual forecast
Co on Thursday posted Q2 adj EPS of $2.1/share vs. analysts' estimate of $2.06, according to data compiled by LSEG
DAL expected 2025 adj earnings in the range of $5.25 to $6.25/share vs. $5.39/share expected by Wall Street
J.P. Morgan lifted PT on Delta, citing a surprisingly strong Q3 outlook and a revived full-year forecast, signaling renewed confidence in the airline’s post-pandemic momentum
Jefferies notes co actively optimizing its schedules to better match demand, with plans to trim less profitable routes, which should support stronger unit revenue performance in the coming months
In April, Delta acknowledged a slowdown in travel demand and withdrew its profit forecast for 2025, citing increased uncertainty in the outlook
Shares of the airlines are down 1.4% at $56 in premarket
As of last close, stocks are down 6.2% YTD
Brokerages | New PT | Old PT |
Bernstein | $66 | $60 |
JP Morgan | $72 | $66 |
BofA | $67 | $60 |
Barclays | $65 | $58 |
Recommended Articles













Comments (0)
Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.