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Delta Air Lines slashes earnings outlook citing weaker U.S. demand, sending shares down

Delta Air Lines has reduced its first-quarter earnings and revenue outlook due to declining domestic demand, leading to a 13.2% drop in shares during after-hours trading.
The airline forecasts revenue growth of only 3% to 4%, down from an earlier estimate of 7% to 9%, as stated in its SEC filing.
Earnings per share are now expected to be between 30 cents and 50 cents, a decrease from the previous estimate of 70 cents to $1, according to the airline's announcement.
President Donald Trump mentioned a potential recession and cited ongoing uncertainty affecting consumer spending, which has impacted Delta's outlook.

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The Globe & Mail

Delta slashes forecast as U.S. economic fears hit demand

Delta Air Lines on Monday (March 10) slashed its first-quarter profit estimates by half, sending its shares down 14%, and its CEO said the environment had weakened due to U.S. economic uncertainty. Julian Satterthwaite reports.

12 hours ago·Canada

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NBC News

Airline stocks fall as possible economic 'soft patch' raises demand concerns

U.S. airline stocks tumbled Tuesday to their lowest levels since late last year after data showed some economic concerns, hitting what had been a bright spot for consumer spending.

13 hours ago·United States

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Fast Company

Delta Air Lines stock falls, other airlines follow, as talk of a travel slowdown compounds economic fears

U.S. airline stocks are tumbling today after Delta Air Lines (NYSE: DAL) issued revised guidance for its first quarter. The carrier said it now expects total revenue, operating margins, and earnings per share to be below what it initially forecasted for Q1 2025. Here’s what you need to know. Delta Air Lines revises its Q1 2025 forecast Yesterday, Delta Air Lines filed a Form 8-K with the U.S. Securities and Exchange Commission (SEC), notifying t…

13 hours ago

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The Business Journals

Delta CEO: Business, leisure travelers pulling back amid 'uncertainty' on economy

The airline cut its first-quarter outlook, saying that consumers and business have both grown less confident in the economy. The announcement pulled down both Delta's and other airlines' stock prices, though the carrier is keeping its full-year outlook the same.

13 hours ago·United States

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West Hawaii Today

Delta says economic worries are hurting travel demand - West Hawaii Today

Delta Air Lines on Monday cut its financial forecast for the first three months of the year, saying that growing economic concerns among businesses and consumers had lowered demand for domestic travel.

15 hours ago

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Quartz

Delta 'saw companies start to pull back.' Now airline stocks are falling

Delta Air Lines (DAL) said it was lowering its guidance for the first quarter of 2025, citing soft domestic demand for travel and kicking off an airline stock sell-off. Read more...

17 hours ago·United States

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