DAL earnings preview: Grab rewards by guessing the closing price!
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$Delta Air Lines (DAL.US)$ is releasing its Q3 2024 earnings on October 10 before the bell. Unlock insights with DAL Earnings Hub>>
Since its Q2 2024 earnings release, shares of $Delta Air Lines (DAL.US)$ have seen an increase of 15.42%. How will the market react to the upcoming results? Make your guess now!
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102362254 : Analysts are projecting a significant year-over-year decline in earnings, with a slight increase in overall revenue. Despite slight growth in passenger and cargo revenues, $Delta Air Lines (DAL.US)$’s July IT outage, costing about $500 million, alongside rising fuel and labor costs, will weigh on profitability. While positive earnings revisions and Delta's market strength hint at long-term growth, I expect the stock to trade sideways post-earnings as short-term challenges offset any revenue gains
Lucas Cheah : Here's a detailed analysis of $Delta Air Lines (DAL.US)$ ’ earnings prospects, considering both tailwinds and challenges that could impact the airline's financial performance.
1. Pricing Power
Strengths:
• Pricing Power: Delta has passed on some of its rising costs to customers through higher ticket prices, especially in an environment where demand has outstripped supply.
Risks:
• Sustainability of Higher Ticket Prices: While pricing power has been strong in the current market, it is uncertain whether Delta can maintain high ticket prices if demand begins to soften or if competitors aggressively expand capacity.
2. International Expansion
Strengths:
• Partnerships and Alliances: Delta’s partnerships and joint ventures with international airlines, including Air France-KLM, Virgin Atlantic, and LATAM, allow it to expand its global footprint and capture a larger share of international traffic.
Risks:
• Geopolitical Tensions: Ongoing geopolitical issues, particularly in Europe and Asia, threaten international travel demand.
• Currency Risk: As Delta generates a substantial portion of its revenue from international markets, fluctuations in foreign exchange rates could affect its earnings.
3. Environmental, Social, and Governance (ESG)
Strengths:
• Sustainability Initiatives: Delta has made substantial investments in sustainability, including pledging to achieve net-zero carbon emissions by 2050.
Risks:
• Regulatory Costs: As governments worldwide impose stricter environmental regulations, airlines may face higher operational costs related to carbon emissions compliance.
Overall, Delta Air Lines’ earnings prospects are positive. Still, the company must carefully manage its cost structure and continue executing its growth strategies to sustain profitability in a challenging economic environment.
CNNT : I think it will go back to its previous most recent high, which is at about $52++. Nothing spectacular and pretty normal for its cyclical nature of business
It has a few good things going for it:
1) Steady recovery post covid resulted in good analysts ratings
2) 10 Oct 2024 happen to be its ex-date. Some degree of surge can be expected there
3) Trendlines showing uptrend
It has a few things going against it, too:
1) Crude oil price rise as a result of war
2) Air travel is more commodity by nature as opposed to premium/ luxury, so pricing has to always be competitive, discouraging margin growth
3) While its service is like a commodity, its workforce is highly qualified, putting more pressure on labour costs
4) Not many investors will see airlines as a long-term holding, so there is not much attraction for strong buying sentiment.
So, I expect it to grow a little, slightly above 52.
mr_cashcow : Let's do key summary of DAL's earnings prospect!
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
DAL is expected to report impressive Q3 2024 earnings, with revenue projected to rise 55% year-over-year to $12.87 billion. EPS also jumped. This growth is attributed to strong demand for travel, operational excellence, and the airline's diversified revenue streams
Key factors:
△Strong Demand for Travel: Delta has seen an increase in corporate travel demand, with managed corporate sales growing 14% year-over-year
△Operational Excellence: The airline's focus on reliability and on-time performance has led to industry-leading completion factors and operational margins
△Diversified Revenue Streams: Delta's premium revenue, loyalty program, and cargo business have contributed to its revenue growth
Overall, Delta's Q3 2024 earnings prospect looks promising, driven by strong demand, operational excellence, and diversified revenue streams
Disclaimer: All the above are purely for educational purposes and are NOT financial advice! Please DYOR/DD!
kind Reindeer_4219 : I say will go down after the earning results
GUCCITD : Up
73209919 : Yes, that should be.
Sneaky_hoodie Lucas Cheah : chatgpt type sh**
La_bolsa_del_canguro :
Joshua Quanstrom : cuz
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