BUZZ-Delta Air Lines forecasts FY profit largely below estimates; shares fall

Reuters01-13
BUZZ-Delta Air Lines forecasts FY profit largely below estimates; shares fall

** Shares of Delta Air Lines DAL.N fall nearly 5.5% to $67 premarket

** DAL expects FY26 adj EPS between $6.50 and $7.50, mid-point of which is largely below analysts' estimates of $7.25, according to data compiled by LSEG

** Co forecasts about 20% earnings growth in 2026 citing strong consumer and corporate demand and rising sales of premium travel

** Q4 adjusted earnings per share of $1.55 beats estimates of $1.53

** Expects Q1 2026 revenue growth of 5% to 7% and adj EPS of $0.50 to $0.90 vs analysts' estimates of $0.72

** Shares of United Airlines UAL.O down 2.3% at $112.6, American Airlines AAL.O down 3.1% at $15.5 and Southwest Airlines LUV.N falls 1.8% at $43.1 premarket

** Median PT of 27 brokerages covering the stock is $82.5 - LSEG data

** As of last close, DAL shares up 6.1% over the past year

(Reporting by Megavarshini G. Somasundaram in Bengaluru)

((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))

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