Delta Air Lines (DAL) Q3 Earnings Beat, Q4 View Impressive

(NYSE:DAL) was the recipient of some unusual options trading activity on Friday. They now have a Dollars 57 price target on the stock. Following the sale, the president now directly owns 239,418 shares in the company, valued at approximately $13,203,902.70. The firm has "Hold" rating by Deutsche Bank given on Friday, April 1. The shares were purchased at an average cost of $45.44 per share, with a total value of $272,640.00. Camarda Advsrs Limited Liability Company stated it has 11,739 shares. The disclosure for this sale can be found here. 125857 shares were traded on Delta Air Lines, Inc.'s last session.

Delta returned $769 million to its shareholders through dividends ($219 million) and share buybacks ($550 million) in the quarter under review. For the most recent quarter, quick ratio was 0.40, current ratio was 0.40, LT Debt/Equity ratio was 0.59 and Total Debt/Equity ratio stands at 0.67, while Payout ratio is 16.00%.

Delta Air Lines Inc (NYSE:DAL) saw shares fly 1.9% higher at US$53.70 after hours.

Analysts await Delta Air Lines, Inc. Coldstream Management Inc stated it has 5,724 shares or 0.04% of all its holdings. It is negative, as 71 investors sold Delta Air Lines, Inc. shares while 275 reduced holdings. Delta Air Lines had 56 analyst reports since August 3, 2015 according to SRatingsIntel.

Dupont Capital Management Corp, which manages about $36.48B and $4.49 billion US Long portfolio, upped its stake in Allergan Plc by 15,051 shares to 82,466 shares, valued at $20.05M in 2017Q2, according to the filing. Institutional investors and hedge funds own 86.26% of the company's stock.

09/25/2017 - Macquarie began new coverage on Delta Air Lines, Inc. giving the company a "outperform" rating. DAL's profit will be $1.20 billion for 8.08 P/E if the $1.66 EPS becomes a reality. The firm has a 50 day moving average of $48.35 and a 200-day moving average of $49.40.

Delta Air Lines (NYSE:DAL) last issued its earnings results on Thursday, July 13th. The business had revenue of $10.79 billion during the quarter, compared to analyst estimates of $10.81 billion.

Delta Air Lines missed its original margin guidance for Q3. Revenues increased 5.5% from the year-ago figure. The transportation company reported $1.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.53 by $0.04, Bloomberg Earnings reports. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Delta Air Lines, Inc. with MarketBeat.com's FREE daily email newsletter.

On 8/9/2017 announced a quarterly dividend of $0.31 2.49% with an ex dividend date of 8/21/2017 which will be payable on 8/23/2017. This represents a $1.22 annualized dividend and a yield of 2.31%. After $0.71 actual EPS reported by BancFirst Corporation for the previous quarter, Wall Street now forecasts 0.00% EPS growth. (NYSE:DAL). Moreover, Cleararc Cap Incorporated has 0.16% invested in Delta Air Lines, Inc. That's the strongest revenue growth it has reported in several years.

07/13/2017 - Delta Air Lines, Inc. had its "outperform" rating reiterated by analysts at Evercore ISI. More interesting news about Delta Air Lines, Inc. The stock of Delta Air Lines, Inc. The stock of Cae Inc (USA) (NYSE:CAE) has "Hold" rating given on Tuesday, September 1 by Zacks. The rating was maintained by Stifel Nicolaus on Thursday, May 25 with "Buy". Non-fuel consolidated unit cost or cost per available seat mile (CASM: normalized ), including profit sharing, rose 2.6%, mainly owing to wage increases, product investments and accelerated depreciation pertaining to the carrier's narrowbody fleet initiatives. (NYSE:DAL). Riverpoint Capital Mngmt Ltd holds 8,871 shares or 0.03% of its portfolio.

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