Shared on10 Jul 25Fair value Increased 22%
Wowsers! With today's trading update on Q2, Delta has smashed all expectations: In a time of year when many others are struggling to turn a profit, reaping the bulk of their earnings over the summer and the Holidays towards the end of the year, the guys from Atlanta achieved a whopping 2.7 cents of gross profit per available seat mile (with total revenue per ASM at 21.4 cents and total cost per ASM at 18.7 cents).
Shared on10 Apr 25Fair value Decreased 8.33%
PittTheYounger made no meaningful changes to valuation assumptions.
Shared on12 Mar 25Fair value Decreased 21%
PittTheYounger has decreased revenue growth from 4.0% to 2.0%, decreased future PE multiple from 14.0x to 12.0x and increased discount rate from 10.0% to 11.0%.