Delta Air Lines: Dramatic decline in quarterly figures expected!

Delta Air Lines announced that it will hold a financial conference on January 10, 2025 to present its results for the quarter ended December 31, 2024. According to the expectations of 17 analysts, earnings per share are forecast at $1.76, a decrease of 44.83 percent compared to the previous year ($3.19). In addition, sales are expected to average $14.19 billion for the past quarter, a decrease of 0.21 percent from $14.22 billion in the same quarter last year.

For the current fiscal year, 21 analysts expect an average profit of $6.11 per share, while earnings in the previous fiscal year were $7.21 per share. Furthermore, 13 analysts forecast a total value of USD 56.75 billion for the past fiscal year, compared to USD 58.05 billion in the previous fiscal year, as finance.net reported.

Analyst forecasts and financial development

The upcoming financial conference is eagerly awaited by the aviation community. The projected numbers not only reflect Delta Air Lines' current financial health, but also highlight the challenges facing the airline industry. Compared to previous years, both earnings per share and total sales decreased. This highlights the ongoing difficulties faced by the entire industry due to factors such as rising operating costs and varying demand.

In addition to the forecasts already mentioned, the expectation for 2024 is based on comprehensive analyzes and developments in the aviation sector, such as finanzen.ch stated. The data that is analyzed is critical to understanding both the current challenges and future prospects of the aviation industry.