Benzinga - by Avi Kapoor, Benzinga Staff Writer.
Delta Air Lines, Inc. (NYSE: DAL) is projected to release financial results for its fourth quarter, before the opening bell on Jan. 12, 2023.
Analysts expect the company to post quarterly earnings at $1.16 per share, down from year-ago earnings of $1.48 per share. The company’s revenue might come in at $13.52 billion for the latest quarter, compared to $12.29 billion in the year-earlier quarter, according to data from Benzinga Pro.
Delta Air Lines, last month, reaffirmed its fourth-quarter and FY23 guidance.
Delta shares gained 1.7% to close at $42.32 on Tuesday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
- JP Morgan analyst Jamie Baker maintained an Overweight rating and cut the price target from $71 to $68 on Oct. 13, 2023. This analyst has an accuracy rate of 63%.
- Susquehanna analyst Christopher Stathoulopoulos maintained a Positive rating and slashed the price target of $60 to $44 on Oct. 11, 2023. This analyst has an accuracy rate of 66%.
- Raymond James analyst Savanthi Syth maintained a Strong Buy rating and lowered the price target from $58 to $54 on Oct. 5, 2023. This analyst has an accuracy rate of 66%.
- Jefferies analyst Sheila Kahyaoglu maintained a Buy rating and cut the price target from $60 to $50 on Sept. 29, 2023. This analyst has an accuracy rate of 65%.
- Citigroup analyst Jon Tower maintained a Buy rating and decreased the price target from $67 to $64 on Sept. 18, 2023. This analyst has an accuracy rate of 73%.
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