Earnings Data
Report Date
Jul 10, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.34Last Year’s EPS
1.84Same Quarter Last Year
Strong Buy
Based on 15 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a largely positive operational and financial story—record revenue, strong unit revenue, margin improvement guidance for Q2, robust cash generation, improved leverage and clear commercial momentum across premium, loyalty and corporate segments. These positives are tempered by a significant and sudden jet fuel shock (adding >$2 billion of quarterly expense), persistent nonfuel cost pressure, near-term reliability issues tied to contract changes, and limited full-year visibility. Management emphasized mitigation actions (capacity discipline, fuel recapture, refinery offset) and confidence in long-term structural advantages.Company Guidance
Record Quarterly Revenue and Strong Top-Line Growth
Total revenue of $14.2 billion, a March-quarter record and up 9.4% year-over-year (nearly $1 billion increase). Management expects low-teens revenue growth in the June quarter.
Material Earnings and Cash Generation Improvement
Earnings 40% higher than prior year with pretax profit of $530 million and earnings per share of $0.64 for the quarter. Generated $2.4 billion of operating cash flow and $1.2 billion of free cash flow after $1.3 billion profit-sharing.
Unit Revenue and Diverse Revenue Mix Strength
Total unit revenue grew 8.2% with passenger unit revenue up mid-single-digits. Diverse revenue streams represented 62% of total revenue; premium and loyalty revenues grew mid-teens.
Loyalty and Co‑Brand Card Momentum
Remuneration from American Express grew 10% to over $2 billion, with AmEx card spend up 12%, indicating strong engagement across the loyalty/economy ecosystem.
Balance Sheet and Capital Allocation Progress
Adjusted net debt ended the quarter at $13.5 billion, down 20% year-over-year, with gross leverage of 2.4x. Delivered 12% return on invested capital and remain investment grade at all three rating agencies.
Operational and Product Investments
Placed firm orders for 95 aircraft to accelerate fleet renewal, opened a new Sky Club in Denver and completed three renovations in Atlanta, and continued expansion of Delta Sync digital platform (expected >110 million customer log-ins this year).
MRO Business Acceleration
Third-party MRO revenue more than doubled year-over-year to $380 million in the quarter; management expects roughly $1.2 billion for the year (~50% improvement vs prior year) with expanding margins.
Industry Recognition and People-Focused Achievements
Named Most On-Time Airline in North America by Cirium (fifth consecutive year); ranked in Fortune 100 Best Companies to Work For top 10 for the first time; $1.3 billion profit-sharing paid in February.
DE:OYC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
DE:OYC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 08, 2026 | €56.53 | €59.45 | +5.17% |
Jan 13, 2026 | €59.98 | €59.10 | -1.46% |
Oct 09, 2025 | €48.98 | €51.18 | +4.47% |
Jul 10, 2025 | €42.18 | €48.02 | +13.84% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Delta Air Lines Inc. (DE:OYC) report earnings?
Delta Air Lines Inc. (DE:OYC) is schdueled to report earning on Jul 10, 2026, Before Open (Confirmed).
What is Delta Air Lines Inc. (DE:OYC) earnings time?
Delta Air Lines Inc. (DE:OYC) earnings time is at Jul 10, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Delta Air Lines Inc. stock?
The P/E ratio of Delta Air Lines is N/A.
What is DE:OYC EPS forecast?
DE:OYC EPS forecast for the fiscal quarter 2026 (Q2) is 1.34.
