Delta Air Lines, Inc. · DAL · Next earnings

Delta Air Lines, Inc. reports Wednesday, Jan 13, 2027

DAL reports before market open with consensus EPS at $1.42 and revenue at $19.50B. Last quarter: Delta reports strong Q3 demand while costs and capacity remain key watchpoints

Reports Before market open69 days awayDate estimated Industrials

What the street expects

Consensus for the coming report
Consensus EPS $1.42 Calendar consensus
Consensus revenue $19.50B Calendar consensus
Report date Jan 13, 2027 Wednesday, date estimated
Session Before market open 69 days away

Where DAL left off: FY2026 Q3

Full report

Delta reports strong Q3 demand while costs and capacity remain key watchpoints

EPS surprise -2.8% Reported $1.72 vs $1.77
Revenue surprise +14.4% Reported $20.20B vs $17.65B
Stock move +0.0% Event window
Subsequent drift 0.0% Up to 20 sessions

Guidance remains upbeat, with the current analysis describing expected approximately 20% Q4 revenue growth, about $4.5 billion in full-year pretax profit, $2.5 billion in free cash flow and more than $2 billion of debt reduction.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Elevated and volatile fuel prices
  • Capacity changes that weaken yields
  • ATC delays, weather and other operational disruptions
  • Competitive capacity adjustments
  • Macroeconomic uncertainty and labor-cost pressure

Questions analysts left open

  • CASM cost trajectory and ability to reach low-single-digit growth
  • Capacity discipline and its effect on yields
  • Fuel-price volatility and margin sensitivity
  • Potential loyalty-program monetization
  • AI shopping assistants and IT cost efficiencies

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Recent DAL quarters

All DAL earnings
+0.0%FY2026 Q3+2.0%FY2026 Q2+3.7%FY2026 Q1-2.4%FY2025 Q4

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q3

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.