Shares of Delta Air Lines, Inc. (NYSE:DAL)gained 0.25% to $47.38. The share price is trading in a range of $46.48 – 47.66. The stock exchanged hands with 8.80 million shares contrast to its average daily volume of 7.13 million shares.
Delta Air Lines (DAL) stated financial and operating performance for January 2017.
Merged passenger unit revenue (PRASM) for the month of January declined 2.5% year over year, consistent with the company’s expectation for the quarter. A modest benefit from holiday timing in the month was offset by a 2.5 point headwind from calendar placement and 2 points of pressure from the lapping of 2016’s winter storm Jonas.
Delta Air Lines, Inc. (NYSE:DAL) have shown a high EPS growth of 41.80% in the last 5 years and has earnings growth of -32.60% yoy. Analysts have a mean recommendation of 1.80 on this stock (A rating of less than 2 means buy, “hold” within the 3 range, “sell” within the 4 range, and “strong sell” within the 5 range). The stock appeared -10.20% below its 52-week highs and is down -6.14% for the last five trade.
Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its route network is centered around a system of hubs, international gateways, and airports in Amsterdam, Atlanta, Boston, Detroit, London-Heathrow, Los Angeles, Minneapolis-St. Paul, New York-LaGuardia, New York-JFK, Paris-Charles de Gaulle, Salt Lake City, Seattle, and Tokyo-Narita.
The company sells its tickets through various distribution channels, including delta.com and mobile, telephone reservations, traditional brick and mortar, and online travel agencies. It also provides aircraft maintenance, repair, and overhaul services; staffing, and professional security and training services, as well as aviation solutions to third parties; vacation packages to third-party consumers; and aircraft charters, and aircraft management and programs. As of February 3, 2016, the company operated a fleet of approximately 800 aircrafts. Delta Air Lines, Inc. was founded in 1924 and is headquartered in Atlanta, Georgia.