Hot Stock to Track After Earnings: Delta Air Lines, Inc. (NYSE:DAL)

Delta Air Lines, Inc. (NYSE:DAL) reported earnings for the three months ended Mar2016 on April 14, 2016. The company earned $1.32 per share on revenue of $9.25B. Analysts had been modeling earning per share of $1.3 with $9.27B in revenue.


Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its route network is centered around a system of hubs, international gateways, and airports in Amsterdam, Atlanta, Boston, Detroit, London-Heathrow, Los Angeles, Minneapolis-St. Paul, New York-LaGuardia, New York-JFK, Paris-Charles de Gaulle, Salt Lake City, Seattle, and Tokyo-Narita. The company sells its tickets through various distribution channels, including delta.com and mobile, telephone reservations, traditional brick and mortar, and online travel agencies. It also provides aircraft maintenance, repair, and overhaul services; staffing, and professional security and training services, as well as aviation solutions to third parties; vacation packages to third-party consumers; and aircraft charters, and aircraft management and programs. As of February 3, 2016, the company operated a fleet of approximately 800 aircrafts. Delta Air Lines, Inc. was founded in 1924 and is headquartered in Atlanta, Georgia.


Delta Air Lines, Inc. earnings per share showed an increasing trend of 621.8% for the current fiscal year. The company’s expected EPS growth rate for next fiscal year is 698%.Analysts project EPS growth over the next 5 years at 19.15%. It has EPS annual growth over the past 5 fiscal years of 51.6% when sales grew 5.1. It reported -1.5% sales drop, and 34.3% EPS growth in the last quarter.


The stock is trading at $43.46, up 26.71% from 52-week low of $34.61. The stock trades down -17.12% from its peak of $52.77 and 43.14% above the consensus price target of $62.21. Its volume clocked up at 9.31 million shares which is lower than the average volume of 9.59 million shares. Its market capitalization currently stands at $33.37B.

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