Delta Air Lines Fourth Quarter Earnings Sneak Peek
Delta Air Lines (NYSE:DAL) will unveil its latest earnings on Tuesday, January 22, 2013. Delta Air Lines operates as an airline, providing scheduled air transportation for passengers and cargo throughout the United States and around the world.
Delta Air Lines Earnings Preview Cheat Sheet
Wall St. Earnings Expectations: The average estimate of analysts is for profit of 28 cents per share, a decline of 37.8% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 34 cents. Between one and three months ago, the average estimate moved down. It has risen from 27 cents during the last month. For the year, analysts are projecting net income of $1.83 per share, a rise of 29.8% from last year.
Past Earnings Performance: Last quarter, the company fell short of estimates by one cent, coming in at profit of 90 cents per share against a mean estimate of net income of 91 cents. The company topped expectations in the second quarter.
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A Look Back: In the third quarter, profit rose 90.7% to $1.05 billion ($1.23 a share) from $549 million (65 cents a share) the year earlier, but fell short analyst expectations. Revenue rose 1.1% to $9.92 billion from $9.82 billion.