Delta Air Lines, Inc. 2Q 2017 Earnings: Shares Fall After EPS Miss

Delta Air Lines reaches latest in-flight entertainment milestone

(NYSE:DAL) is 22.539700. This is calculated by taking weekly log normal returns and standard deviation of the share price over one year annualized. 43,717 shares were sold by HAUENSTEIN GLEN W, worth $2.22 million on Wednesday, February 15. Bastian Edward H had sold 25,000 shares worth $1.21 million. Sumitomo Mitsui Incorporated has 0.04% invested in Delta Air Lines, Inc. Analyst's mean target price for STLD is $43.21 while analysts mean recommendation is 1.90. NuVasive, Inc. (NASDAQ:NUVA) has risen 33.31% since July 13, 2016 and is uptrending. It has outperformed by 1.92% the S&P500. Vetr cut shares of Delta Air Lines from a "strong-buy" rating to a "buy" rating and set a $52.43 target price on the stock.in a research note on Tuesday, May 2nd.

Today's three big stock charts look at Delta Air Lines, Inc. Teachers Advisors LLC now owns 1,377,648 shares of the transportation company's stock worth $67,767,000 after buying an additional 253,661 shares during the last quarter.

Kovitz Investment Group Partners LLC bought a new position in Delta Air Lines, Inc. (NYSE:DAL)'s stock on Wednesday traded at beginning with a price of $54.80 and when day-trade ended the stock finally edged up 2.21% to reach at $55.48. Tompkins Financial Corp purchased a new stake in shares of Delta Air Lines during the first quarter worth approximately $107,000. Loews Corporation (NYSE:L) has risen 15.12% since July 14, 2016 and is uptrending. It has underperformed by 4.87% the S&P500. Wealthtrust holds 0.02% or 538 shares. This includes another record year for co-brand credit card customer acquisition, highlighting the continued importance of strong relationships with selling the airline's SkyMiles. The stock has a market capitalization of $40.39 billion, a PE ratio of 10.23 and a beta of 1.22. It operates through four divisions: Electrification Products, Robotics and Motion, Industrial Automation and Power Grids. It is engaged in serving clients in utilities, industry and transport and infrastructure. The lower end of the projection is $0.29 per share, while the higher end is $0.47 per share. The current share price indicates that stock is -0.48% away from its one year high and is moving 54.80% ahead of its 52-week low. Diamondback Energy had 65 analyst reports since July 21, 2015 according to SRatingsIntel. Beaufort Securities maintained the shares of GWB in report on Monday, September 14 with "Speculative Buy" rating. Finally, Stifel Nicolaus reaffirmed a buy rating on shares of Delta Air Lines in a report on Friday, May 26th.

The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. On Tuesday, April 5 the stock rating was initiated by Macquarie Research with "Neutral". Citigroup has "Buy" rating and $80 target. Deutsche Bank maintained Delta Air Lines, Inc. (NYSE:VZ), 6 have Buy rating, 0 Sell and 17 Hold. Therefore 94% are positive. The company had revenue of $10.79 billion for the quarter, compared to analysts' expectations of $10.81 billion. Aircraft fuel related expenses for Delta climbed 18 percent to $1.45 billion during the quarter even with some benefits gained from smart fuel hedging. The company was maintained on Tuesday, October 6 by Topeka Capital Markets. (NYSE:DAL) has "Buy" rating given on Monday, July 10 by Cowen & Co. The stock of Carnival Corp (NYSE:CCL) earned "Peer Perform" rating by Wolfe Research on Wednesday, November 18.

Stock of Delta Air Lines, Inc. On June 20, 2017 Atlantic Equities added DAL to its research portfolio setting a rating of "Overweight". The stock of Royal Bank of Canada (NYSE:RY) has "Buy" rating given on Friday, July 1 by Argus Research. On Thursday, July 14 the stock rating was maintained by Morgan Stanley with "Overweight". The rating was downgraded by Deutsche Bank on Friday, April 1 to "Hold". Cowen & Co maintained Delta Air Lines, Inc.

On an adjusted basis, Delta earned $1.64 per share, missing analysts' estimates of $1.67.

ILLEGAL ACTIVITY WARNING: "Delta Air Lines, Inc". (NYSE:DAL) were released by: Nasdaq.com and their article: "Delta Air Lines (DAL) Q2 Earnings: What's in the Cards?" published on July 10, 2017 as well as Bloomberg.com's news article titled: "Delta CEO "Appalled" by Qatar Air Slight of US Cabin Crews" with publication date: July 13, 2017.

Bluemar Capital Management Llc increased Intercontinental Exchange In (ICE) stake by 264.42% reported in 2016Q4 SEC filing.

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