Delta Airlines Inc.
) is slated to report its first-quarter 2014 results on Apr 23,
before the market opens. In the last quarter, the company
delivered a +3.17% earnings surprise. Let's see how things are
shaping up prior to this announcement.
Our proven model does not conclusively show that Delta
Airlines is likely to beat earnings because does not have the
right combination of two key ingredients of a positive surprise
prediction and Zacks Rank #1 (Strong Buy), 2 (Buy) or 3
which represents the difference between the Most Accurate
estimate and the Zacks Consensus Estimate, stands at 0.00% for
Delta currently has a Zacks Rank #2. However, the combination of
Delta's Zacks Rank #2 and +0.00% ESP makes surprise prediction
Factors Influencing Results This Quarter
We remain encouraged by Delta's commitment to improve
operational performance, enhance customer experience and increase
shareholder returns through balanced capital investments. Strong
domestic market, capacity discipline, cost control measures and
customer-focused initiatives are expected to boost the company's
Further, the acquisition of Virgin Atlantic will strengthen
Delta's trans-Atlantic operations. However, rise in wages and
salaries of contract workers are expected to increase the
non-fuel expenses of the company, thus affecting its bottom line.
Further, the formation of American Airlines Group and winning of
airport slots by Southwest Airlines will heighten competition for
Other Stocks to Consider
Here are some other companies to consider as our model shows
that these have the right combination of elements to post an
earnings beat this quarter:
Alaska Air Group Inc.
) with earnings ESP of +7.14% and Zacks Rank #1.
Allegiant Travel Group Inc.
) with earnings ESP of +3.53% and Zacks Rank #2.
Copa Holdings SA
) with earnings ESP of 0.32% and Zacks Rank #3.
ALLEGIANT TRAVL (ALGT): Free Stock Analysis
ALASKA AIR GRP (ALK): Free Stock Analysis
COPA HLDGS SA-A (CPA): Free Stock Analysis
DELTA AIR LINES (DAL): Free Stock Analysis
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