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Company Update: Delta Air Lines Inc (NYSE:DAL) – Delta Air Lines Announces Webcast of December Quarter 2015 Financial Results

[PR Newswire] – ATLANTA, Jan. 12, 2016 /PRNewswire/ — WHAT: Delta Air Lines (NYSE: DAL) will hold a live conference call and webcast to discuss its December quarter 2015 financial results at 10 a.m. ET, January 19, 2016. … Read more on this. Delta Air Lines, Inc. (DAL) , with a current market cap of $36.92B, began trading this morning at $47.07. Today’s price range has been between $45.82 and $47.07 per share and has traded between $34.61 and $52.77 over the past 12 months. DAL shares are currently priced at 10.07x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 9.21x earnings multiple. The company pays shareholders $0.54 per share in dividend income per year, for a current yield of 1.16%. Consensus earnings for the current quarter by the 14 sell-side analysts covering the stock is an estimate of $1.19 per share, which would be $0.41 better than the year-ago quarter and a $0.01 sequential increase. The full-year EPS estimate is $4.64, which would be a $1.33 better than last year. The quarterly earnings estimate is predicated on a consensus revenue forecast of $9.61 Billion. If reported, that would be a 0.41% decrease over the year-ago quarter. Recently, Deutsche Bank upgraded DAL from Hold to Buy (Sep 1, 2015). Previously, Wolfe Research upgraded DAL from Peer Perform to Outperform. When considering if the stock is under or overvalued, the average price target is $66.54, which is 41.36% above where the stock opened this morning. See more in (NYSE:DAL) Similar Articles: Company Update: Delta Air Lines Inc (NYSE:DAL) – Delta Air Lines Declares Quarterly Dividend Company Update: Delta Air Lines Inc (NYSE:DAL) – Delta Air Lines Employees to Build Seven Habitat for Humanity Homes in Six Cities Stock Update: Delta Air Lines Inc (NYSE:DAL) – Brazil regulator approves Delta Air Lines, Gol deal
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