Delta Air Lines (DAL) Dips More Than Broader Markets: What You Should Know

Delta Air Lines (DAL) Dips More Than Broader Markets: What You Should Know
This story originally appeared on Zacks

Delta Air Lines (DAL) closed the most recent trading day at $36.53, moving -0.92% from the previous trading session. This change lagged the S&P 500’s daily loss of 0.75%. Meanwhile, the Dow lost 0.3%, and the Nasdaq, a tech-heavy index, lost 0.23%.

Delta Air Lines (DAL) Dips More Than Broader Markets: What You Should Know – Zacks

Prior to today’s trading, shares of the airline had lost 13% over the past month. This has lagged the Transportation sector’s loss of 3.62% and the S&P 500’s loss of 0.13% in that time.

Delta Air Lines will be looking to display strength as it nears its next earnings release. In that report, analysts expect Delta Air Lines to post earnings of -$0.26 per share. This would mark year-over-year growth of 89.72%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $8.79 billion, up 121.25% from the year-ago period.

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