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Non-Tech : Airline Discussion Board
JETS 23.99-3.5%Nov 17 4:00 PM EST

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To: Moonray who wrote (1202)7/7/2020 9:28:27 PM
From: Sam1 Recommendation

Recommended By
Moonray

   of 1868
 
Delta Air Lines Inc:A loss of $4.24 per share anticipated for second quarter



Reuters July 07, 2020 08:34:00 AM ET

7 July 202012:34 p.m. GMT all figures in US Dollars. Delta Air Lines Inc is expected to show a decrease in its second quarter earnings to -424 cents per share according to the mean Refinitiv estimate from fifteen analysts. Wall Street expects results to range from a loss of $-6.79 to a loss of $-1.80 per share.

RECOMMENDATIONS
* The consensus recommendation for the company is "Buy". This includes three "Strong Buy", eight "Buy", seven "Hold".
* The average consensus recommendation for the airlines peer group is also "Buy".

FORECAST CHANGES
* Sixteen analysts are currently providing Refinitiv with estimates.
* In the last week one analyst has negatively revised an earnings estimate and one analyst has revised an earnings estimate upward. There were no changes to the number of estimates.
* In the last four weeks the earnings per share estimate has fallen by 3.15 percent from $-4.37. Estimates ranged from a high of $-2.38 to a low of $-6.79. There has been no changes to the number of estimates.
* The StarMine predicted earnings surprise is is too low to be considered statistically significant. Predicted revenue surprise is too low to be significant.
* The average price target from the sixteen analysts providing estimates is $36.

YEAR OVER YEAR
* The company is expected to report a fall in revenue to $1.35 billion from $12.54 billion in the same quarter last year.
* The current quarter consensus estimate of $-4.24 per share implies a loss of 280.28 percent from the same quarter last year when the company reported $2.35 per share.
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