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Delta Air Lines Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags
Delta Air Lines (NYSE:DAL) Full Year 2024 Results
Key Financial Results
- Revenue: US$61.6b (up 6.2% from FY 2023).
- Net income: US$3.46b (down 25% from FY 2023).
- Profit margin: 5.6% (down from 7.9% in FY 2023). The decrease in margin was driven by higher expenses.
- EPS: US$5.39 (down from US$7.21 in FY 2023).
DAL Operational Performance
- Available seat kilometres (ASK): 464.11b (up 6.0% from FY 2023).
- Passenger load factor: 85.0% (no change from 85.0% in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Delta Air Lines Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates by 11%.
Looking ahead, revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Airlines industry in the US.
Performance of the American Airlines industry.
The company's shares are up 8.4% from a week ago.
Risk Analysis
It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Delta Air Lines (at least 1 which is a bit concerning), and understanding these should be part of your investment process.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NYSE:DAL
Delta Air Lines
Provides scheduled air transportation for passengers and cargo in the United States and internationally.
Good value second-rate dividend payer.
