1030 Delta Boulevard
Atlanta , GA 30354
Atlanta , GA 30354
News
-
Delta Air Lines declined 5.8% to $44.11, and the international air carrier reported weaker-than-expected quarterly results.
The airline said net income in the second quarter dropped 30%, despite revenue reaching a record high.
The company also estimated a lower-than-expected increase in revenue in the current quarter and estimated earnings per share in the third quarter to range between $1.74 and $2.0.
Jul 11, 2024 -
Delta Air Lines increased 2.8% to $48.65 after the international carrier reported better-than-expected quarterly results.
Revenue increased 8% to $13.75 billion from $12.76 billion, net income swung to a profit of $37 million from a loss of $363 million, and diluted earnings per share were 6 cents compared to a loss of 57 cents a year ago.
The airline guided second-quarter revenue to increase between 5% and 7% and earnings per share to fall between $2.20 and $2.50.
The company also projected 2024 earnings per share to range between $6.0 a More
Apr 10, 2024
Executive/
Director
Links
Price
- Last Close
-
$ 41.64
$ +1.25 3.09 %
Aug 29, 2024
- 52-Week High/Low
- $51.02 - $30.66
- YTD
- 3.5%
- Trading Volume
- 267,673
- Market Cap Full
- $ 26.8B
- Shares Outstanding
-
643.5M
Sep 30, 2023
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Q1 | -8.4% | -3.7% | -6.2% | -1.6% | 3.5% | -5% | 19.7% | 1.3% | 6.3% | 19% |
| Q2 | -8.4% | -24.9% | 17.4% | -4.1% | 9.2% | 4% | -10.5% | -26.8% | 36.1% | -2.7% |
| Q3 | 9.6% | 8.7% | -9.7% | 16.6% | 1.2% | 8% | -1.5% | -3.1% | -22.1% | - |
| Q4 | 13.3% | 25.5% | 17.2% | -11.3% | 0.1% | 32.1% | -8.3% | 17.1% | 10.4% | - |
| J | F | M | A | M | J | J | A | S | O | N | D | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -2.8% | 8% | 13.3% | -2% | - | - | - | - | - | - | - | - |
| 2023 | 19% | -2% | -8.9% | -1.7% | 5.9% | 30.8% | -2.7% | -7.3% | -13.7% | -15.6% | 18.2% | 8.9% |
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 81% | 4% | -1% | 16% | -9% | 17% | -31% | -3% | -16% | 22% | 3% |
Earnings
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Q1 | 0.45 | 1.32 | 0.77 | 0.79 | 1.09 | -0.84 | -1.85 | -1.48 | -0.57 |
| Q2 | 1.27 | 1.47 | 1.64 | 1.47 | 2.21 | -9.01 | 1.02 | 1.15 | 2.84 |
| Q3 | 1.74 | 1.70 | 1.57 | 1.91 | 2.31 | -8.47 | 1.89 | 1.08 | 1.72 |
| Q4 | 1.18 | 0.82 | 0.96 | 1.5 | 1.69 | -1.19 | -0.64 | 1.31 | 3.16 |
| A | 4.6 | 5.3 | 4.9 | 5.7 | 7.3 | -19.5 | 0.4 | 2.1 | 7.15 |
Annual Returns
52 Week
High/Low
Annual
Earnings
Chart
Trading Volume
Dividend +
Dividend +
| 2019 | 2020 | 2023 | 2024 | |
|---|---|---|---|---|
| Q1 | 0.35 | 0.40 | 0.10 | 0.10 |
| Q2 | 0.35 | - | 0.10 | 0.10 |
| Q3 | 0.40 | - | - | 0.15 |
| Q4 | 0.40 | - | - | 0.15 |
| A | 1.5 | 0.4 | 0.2 | 0.5 |
Outstanding Shares
(In Millions) +
Jan 16, 2024
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Mar | 702.5 | 655 | 637.8 | 639.7 | 641.1 | 642.7 |
| Jun | 691.3 | 650.2 | 637.9 | 639.9 | 641.2 | 643.4 |
| Sep | 685.6 | 646.7 | 637.7 | 640 | 641.2 | 643.5 |
| Dec | - | - | - | - | - | - |
SEC Filings
Financial Ratios
| 2022 | 2021 | 2020 | 2019 | 2018 | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Management | ||||||||||||||||||
| Inventory / Stock Turnover | 23.5 | 55.7 | 23.2 | 23.4 | 26.6 | |||||||||||||
| Fixed Asset Turnover | 1.4 | 0.9 | 0.6 | 1.3 | 1.3 | |||||||||||||
| Total Asset Turnover | 0.7 | 0.4 | 0.2 | 0.7 | 0.7 | |||||||||||||
| Leverage | ||||||||||||||||||
| Debt Ratio | 1.6 | 1.6 | 1.6 | 1.1 | - | |||||||||||||
| Debt – Equity Ratio | 3.1 | 6.5 | 17.9 | 0.6 | - | |||||||||||||
| Interest Coverage | 1.6 | 1.2 | 148.4 | 3.6 | 4 | |||||||||||||
| Equity multiplier | 5.5 | 8.3 | 20.3 | 2.3 | 2.4 | |||||||||||||