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Delta (DAL) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

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Delta Air Lines (DAL - Free Report) reported $14.04 billion in revenue for the quarter ended March 2025, representing a year-over-year increase of 2.1%. EPS of $0.46 for the same period compares to $0.45 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $13.81 billion, representing a surprise of +1.67%. The company delivered an EPS surprise of +15.00%, with the consensus EPS estimate being $0.40.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Delta performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Passenger Load Factor: 81.4% compared to the 83.2% average estimate based on six analysts.
  • Revenue passenger miles - Consolidated: 55.68 billion compared to the 56.83 billion average estimate based on five analysts.
  • Available seat miles - Consolidated: 68.4 billion versus the five-analyst average estimate of 68.31 billion.
  • Cost per Available Seat Mile (CASM) - Ex: 14.44 cents versus the five-analyst average estimate of 14.43 cents.
  • Operating Cost Per Available Seat Mile: 19.69 cents versus the four-analyst average estimate of 19.3 cents.
  • Passenger Revenue by Geographic Region- Domestic: $8.10 billion compared to the $8.05 billion average estimate based on two analysts. The reported number represents a change of +1.5% year over year.
  • Passenger Revenue by Geographic Region- Pacific: $673 million compared to the $615.26 million average estimate based on two analysts. The reported number represents a change of +16.4% year over year.
  • Passenger Revenue by Geographic Region- Latin America: $1.33 billion versus the two-analyst average estimate of $1.14 billion. The reported number represents a year-over-year change of +5.5%.
  • Passenger Revenue by Geographic Region- Atlantic: $1.37 billion compared to the $1.67 billion average estimate based on two analysts. The reported number represents a change of +5.1% year over year.
  • Operating Revenues- Passenger: $11.48 billion compared to the $11.52 billion average estimate based on six analysts. The reported number represents a change of +3.1% year over year.
  • Operating Revenues- Cargo: $208 million versus $189.86 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +16.9% change.
  • Operating Revenues- Other: $2.35 billion versus $2.29 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -3.6% change.
View all Key Company Metrics for Delta here>>>

Shares of Delta have returned -23.1% over the past month versus the Zacks S&P 500 composite's -13.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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