Delta Air Lines (NYSE: DAL) Quarterly Earnings Preview

• Delta Air Lines is expected to report an EPS of $1.92 and revenue of $16.16 billion for the upcoming quarter.
• The company has a history of exceeding earnings expectations, with an average earnings surprise of 10.06% over the past two quarters.
• Key financial ratios such as the P/E ratio of 8.82 and earnings yield of 11.34% highlight Delta's market valuation and financial efficiency.

Delta Air Lines (NYSE: DAL) is gearing up to unveil its quarterly earnings on July 10, 2025. Analysts are projecting an earnings per share (EPS) of $1.92 and revenue estimates stand at around $16.16 billion. As a leading entity in the airline sector, Delta is renowned for its steady performance and knack for surpassing earnings forecasts.

Delta boasts a robust track record of outperforming earnings projections, with an average earnings surprise of 10.06% over the preceding two quarters. In its most recent quarter, Delta was anticipated to post earnings of $0.46 per share but reported $0.4 per share, culminating in a 15% surprise. The quarter before that, the consensus estimate was $1.76 per share, and Delta outdid this with $1.85 per share, achieving a 5.11% surprise.

Examining Delta's financial indicators sheds light on its market valuation and operational performance. The company's price-to-earnings (P/E) ratio stands at approximately 8.82, illustrating the market's valuation of its earnings. Its price-to-sales ratio is pegged at about 0.53, indicating a relatively modest market valuation in comparison to its revenue. Furthermore, the enterprise value to sales ratio is around 0.83, reflecting the company's overall valuation against its sales figures.

Delta's financial efficiency is underscored by its enterprise value to operating cash flow ratio of roughly 6.42. This metric offers insights into the company's cash flow efficiency. With an earnings yield of 11.34%, Delta presents a significant return on its earnings relative to its share price. Nonetheless, the debt-to-equity ratio of about 1.44 signals the company's leverage level, and the current ratio of approximately 0.38 may indicate potential liquidity challenges.

Delta is set to host a live conference call and webcast to discuss its financial outcomes for the June quarter of 2025. This event is slated for 10 a.m. ET on July 10, 2025. Stakeholders can access the live webcast at ir.delta.com, with an online replay available shortly after the event's conclusion.