Delta Air Lines’ Stock Falls On Mixed Financial Results

The stock of Delta Air Lines (DAL) is down 5% after the carrier reported mixed financial results for the fourth and final quarter of 2025.

Delta announced earnings per share (EPS) of $1.55 U.S., which was slightly ahead of the $1.53 U.S. expected among analysts.

Revenue in the quarter totaled $14.61 billion U.S., which fell short of the $14.69 billion U.S. forecast on Wall Street.

Management said the results for the October through December period were impacted by the U.S. government shutdown last autumn that negatively impacted air traffic controllers and travel.

Main cabin ticket revenue fell 7% in the fourth quarter from a year earlier to $5.62 billion U.S., while premium ticket revenue, for seats at the front of the plane, rose 9% to $5.70 billion U.S.

Delta, which was the first airline to report Q4 results, forecast earnings of $6.50 U.S. to $7.50 U.S. this year, compared with analysts’ estimate for $7.25 U.S. a share.

The airline also forecast an increase in sales of as much as 7% in the first three months of 2026 and earnings of $0.50 U.S. to $0.90 U.S. for the current first quarter.

The first-quarter earnings forecast is inline with the $0.72 U.S. forecast by Wall Street analysts.

Management said bookings are strong to start the year for both leisure customers and corporate travelers.

Delta also announced that it is buying 30 Boeing (BA) 787-10 Dreamliners, its first purchases of the long-haul airplanes from the U.S. manufacturer.

The airline has options to buy an additional 30 787-10s from Boeing should it choose to do so.

Prior to today (Jan. 13), DAL stock had risen 9% over the past 12 months to trade at $71.03 U.S. per share.

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