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Aug 23, 2024 2:20 PM

Delta Air Lines Stock Moves -0.1%: What You Should Know

In the latest trading session, Delta Air Lines (NYSE: DAL) closed at $40.14, marking a -0.1% move from the previous day. The stock's change was more than the S&P 500's daily loss of 0.89%. At the same time, the Dow lost 0.44%, and the tech-heavy Nasdaq lost 1.67%.

Shares of the airline witnessed a loss of 6.43% over the previous month, beating the performance of the Transportation sector with its loss of 14.66% and underperforming the S&P 500's gain of 2.17%.

The investment community will be paying close attention to the earnings performance of Delta Air Lines in its upcoming release. The company's earnings per share are projected to be $1.55, reflecting a 23.65% decrease from the same quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $15.58 billion, up 0.6% from the year-ago period.

In terms of the entire fiscal year, the ...