Delta Air Lines Likely To Report Lower Q2 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Delta Air Lines, Inc. DAL is scheduled to release its financial results for the second quarter, before the opening bell on Thursday, July 11.

Analysts expect the Atlanta-based company to report quarterly earnings at $2.37 per share, down from $2.68 per share in the year-ago period. Delta Air Lines is expected to post revenue of $15.5 billion, compared to $14.61 billion a year earlier, according to data from Benzinga Pro.

On June 20, Delta Air Lines declared a quarterly dividend of 15 cents per share, a rise of 50% over prior levels.

Delta Air Lines shares gained 0.7% to close at $46.35 on Monday.

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.

• Jefferies analyst Sheila Kahyaoglu maintained a Buy rating and cut the price target from $58 to $56 on June 28. This analyst has an accuracy rate of 70%.
• Citigroup analyst Stephen Trent maintained a Buy rating and increased the price target from $55 to $65 on May 29. This analyst has an accuracy rate of 64%.
• Morgan Stanley analyst Ravi Shanker maintained an Overweight rating with a price target of $85 on April 11. This analyst has an accuracy rate of 61%.
• Susquehanna analyst Christopher Stathoulopoulos maintained a Positive rating and raised the price target from $54 to $55 on April 11. This analyst has an accuracy rate of 73%.
• Deutsche Bank analyst Michael Linenberg maintained a Buy rating and boosted the price target from $50 to $60 April 11. This analyst has an accuracy rate of 75%.

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