BUZZ - Delta Air Lines shares fall after sharply lowering full-year earnings forecast
路透社2026/10/09 11:12Latest Updates October 9 - Delta Air Lines (DAL.N) shares fell nearly 5% in pre-market trading to $78.12. Delta Air Lines (DAL) lowered its full-year adjusted profit forecast due to soaring jet fuel prices. Shares of industry peers United Airlines (UAL.O), Alaska Airlines (ALK.N), and American Airlines (AAL.O) also dropped by about 1%. The US airline now expects adjusted earnings per share for 2026 will be between $5.10 and $5.60, down from the previous forecast of $6.5 to $7.5 per share. The midpoint of this range is $5.35 per share, below analysts’ expectations of $5.46 per share, according to data compiled by LSEG. DAL expects annual fuel costs to increase by about $6.0 billion, versus a prior forecast of a $4.0 billion increase. Analysts tracking Delta Air Lines have on average assigned a “Buy” rating. Year-to-date, DAL shares have gained 18.4%, outpacing its major US competitors. (To facilitate non-English speakers, Reuters automatically translates its reports into several other languages. As automated translations may be inaccurate or lack context, Reuters does not guarantee the accuracy of the automated translations, which are provided strictly for the convenience of readers. Reuters accepts no liability for any damages or losses arising from the use of or reliance on automated translations.)
Latest Developments
October 9 - ** Delta Air Lines (DAL.N) shares fell nearly 5% in pre-market trading to $78.12
** Impacted by a surge in jet fuel prices, Delta Air Lines (DAL) (link) has lowered its full-year adjusted profit forecast
** Peer companies United Airlines UAL.O, Alaska Airlines ALK.N and American Airlines AAL.O also saw their share prices fall by about 1%
** The U.S. airline said it now expects adjusted earnings per share in 2026 to be between $5.10 and $5.60, compared to a previous forecast of $6.5 to 7 .5 per share
** The midpoint of this range is $5 .35 per share, below analysts' expectations of $5.46 per share—data compiled by LSEG
** DAL anticipates annual fuel costs will increase by about $6 billion, compared to a previous forecast of a $4 billion increase
** On average, analysts tracking Delta Air Lines have given it a "Buy" rating
** So far this year, DAL shares have risen by a total of 18.4%, the highest increase among major U.S. competitors
(For the convenience of non-native English speakers, Reuters automatically translates its news reports into several other languages. As automated translation may contain errors or lack the required context, Reuters does not guarantee the accuracy of the automated translation text and provides it solely for readers' convenience. Reuters accepts no liability for any damages or losses arising from the use of the automated translation function.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Netflix is reportedly undergoing organizational restructuring, expected to affect about 5% of its employees.
Netflix is reportedly undergoing organizational restructuring, which is expected to affect about 5% of its employees. The related announcement could be made as early as next week. (Reuters)
Shell expects a total lifecycle increase of 3.5 billion cubic meters of natural gas production from the gas field.
Shell (SHEL.US): It is expected that this operation will increase natural gas recovery by approximately 3.5 billion standard cubic meters over the full lifecycle of the gas field.
Delta Air Lines CEO says ticket prices may be forced to rise if fuel prices remain high
Delta Air Lines (DAL.US) CEO: If fuel prices remain high, we will be forced to raise ticket prices.
Shell says new wells and drilling at the Oman LNG field will increase recovery rates
Shell (SHEL.US): New well workover and drilling operations at the Oman LNG gas field will help to improve recovery rates.
Crypto prices
More
