Delta Kicks Off Airline Earnings Season as Fuel Clouds Fourth-Quarter Outlook
Delta reports third-quarter results on the morning of October 9 amid expectations of $1.92 in EPS and $17.61 billion in revenue, alongside concerns over fuel costs.
Delta Air Lines reports third-quarter results on the morning of October 9, amid expectations that earnings per share will reach $1.92 and revenue will hit $17.61 billion.
Investor estimates for the fourth quarter assume a jet fuel price ranging between $4.00 and $4.10 per gallon, according to a UBS analyst.
Bernstein analyst David Vernon lowered his full-year 2026 EPS estimate to $5.69, pointing to fuel assumptions that "appear overly favorable relative to current conditions."
UBS analyst Atul Maheswari said fourth-quarter revenue guidance is more important than reported EPS.
What Do These Terms Mean?
Earnings Per Share: The portion of a company's profit allocated to each share, calculated by dividing net profit by the number of shares.
Consensus Estimate: The average of analysts' estimates for a company's earnings and revenue before official results are announced.
Revenue: Total income generated from a company's core operations before deducting costs and expenses.
Fuel Assumptions: The assumed price of jet fuel when setting financial projections for the upcoming quarter.
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