Quite a few research equities have expected that the stocks of DAL would be announcing an EPS of $2.72 for this quarter. According to a report that was sent out to investors, two of the investment analysts covering the firm have already provided estimates into the earnings of the company.
The ball has been rolled at $2.15, to a range of $2.50. The EPS reported by the company just the previous year was $0.51, which is indicative of a negative annual growth rate of about 433.3%. The company will be putting up its next quarterly earnings on the 28th of April.
The Quarterly Reports of DAL
The stocks of DAL had previously announced their quarterly results on the 13th of January. The company dealing in airlines had an EPS of $2.53 for that quarter which barely missed out on the consensus estimate of about $2.50. The company also had a return on its equity set at -39.69%, with a net margin of a -42.88%. The revenue for the firm was $3.97 billion which was more than the consensus estimate of $3.59 billion.
There have been quite a few companies that have commented on the stocks of DAL. Deutsche Bank has already increased the ratings of the company from hold to buy along with a price target of $55 set on the company in a 1st March research report. Raymond James has already cut the stocks of the company from a rating of outperform to a rating of market perform. Wolfe Research has also gone ahead and lowered the ratings from peer perform to underperform in a 4th December research report.
The stocks of DAL traded on Thursday at $0.57. The year low of the company is $17.51, while the year high has been set at $52.28. The market cap of the firm is $29.47 billion, with a -2.35 PE ratio along with a 1.45 beta.
