Delta Air Lines forecasts FY profit largely below estimates; shares fall

Shares of Delta Air Lines DAL.N fall nearly 1.7% to $69.8 in morning trading

DAL expects FY26 adj EPS between $6.50 and $7.50, mid-point of which is largely below analysts' estimates of $7.25, according to data compiled by LSEG

Co forecasts about 20% earnings growth in 2026, citing strong consumer and corporate demand and rising sales of premium travel

Q4 adjusted earnings per share of $1.55 beats estimates of $1.53

Expects Q1 2026 revenue growth of 5% to 7% and adj EPS of 50 cents to 90 cents vs analysts' estimates of 72 cents

Shares of United Airlines UAL.O and Southwest Airlines LUV.N marginally down about 0.5% and American Airlines AAL.O falls 1.3%

Median PT of 27 brokerages covering DAL's stock is $82.5 - data compiled by LSEG

DAL had gained ~6% in 2025