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).
• Total aircraft: 1106 (up by 21 from 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 2.9% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Airlines industry in the US.

Performance of the American Airlines industry.

The company's shares are down 4.0% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Delta Air Lines that we have uncovered.

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