|Bid||61.66 x 1800|
|Ask||62.03 x 800|
|Day's range||61.87 - 62.48|
|52-week range||46.84 - 63.44|
|Beta (5Y monthly)||1.10|
|PE ratio (TTM)||8.50|
|Earnings date||07 Apr 2020 - 12 Apr 2020|
|Forward dividend & yield||1.61 (2.60%)|
|Ex-dividend date||21 Oct 2019|
|1y target est||69.78|
(Bloomberg) -- A swirling mess of winter weather is roaring out of the Midwest toward the Northeast, threatening to drop a blanket of snow on upstate New York, New Hampshire and Maine, to the joy of skiers, and as much as 4 inches on Manhattan.High winds and heavy snow were moving across the Great Lakes on Friday. A winter weather advisory has been issued for New York City, Long Island and parts of New Jersey and Connecticut starting at 10 a.m. on Saturday and running until 1 a.m. Sunday.“It’s just a mess over a wide area,” Brian Hurley, a senior branch forecaster with the U.S. Weather Prediction Center in College Park, Maryland. “Every winter storm has its own nature, and this one isn’t going to wow us in the end with its snowfall amounts. But just the area of snow covered at six inches or more is pretty impressive.”Across the U.S., 1,065 flights were canceled Friday as the storm moved east, and another 76 were scrubbed for Saturday, according to FlightAware, a Houston-based airline tracking service. A Delta Air Lines flight slipped off a taxiway in Kansas City, according to the Associated Press.After the storm passes through New York, the forecast is for a mostly sunny Sunday with a high of 36 degrees Fahrenheit (2 Celsius), according to the National Weather Service.It will be the first time since Dec. 2 that the New York metropolitan region has gotten more than an inch of snow, and it follows a weekend in which temperatures reached into the high 60s Fahrenheit. Overall this season, only 2.7 inches (6.9 centimeters) of snow have fallen on Manhattan’s Central Park, or 5.7 inches less than normal.Along with the snow, areas south of the storm’s northern track could end up with a dangerous coating of ice. That condition could range across the Ohio Valley, into the Appalachian Mountains in West Virginia and Maryland and along Interstate 80 that crosses the region west to east.(Updates New York forecast in first paragraph, flights canceled in fourth)To contact the reporter on this story: Brian K. Sullivan in Boston at email@example.comTo contact the editors responsible for this story: Tina Davis at firstname.lastname@example.org, Reg Gale, Christine BuurmaFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
SkyWest (SKYW) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Investors in Delta Air Lines, Inc. (NYSE:DAL) had a good week, as its shares rose 4.5% to close at US$61.88 following...
Delta (DAL) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 1 (Strong Buy).
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(Bloomberg) -- A Delta Air Lines Inc. jet dumped fuel over schools in Los Angeles, causing skin irritations and breathing problems for 67 children and adults, after an engine problem forced the plane to turn around shortly after takeoff.The injuries were minor and nobody was taken to hospitals, the Los Angeles County Fire Department said in a statement Tuesday. The LACoFD said it responded to four area schools and evaluated 44 patients, while the Los Angeles Fire Department evaluated 16 patients at two schools and Downey Fire Department checked on seven cases at a pre-school.Students and adults “may have been sprayed by fuel or inhaled fumes,” the Los Angeles Unified School District said in a statement about the health effects. The Federal Aviation Administration said it was “thoroughly investigating” the incident.“There are special fuel-dumping procedures for aircraft operating into and out of any major U.S. airport,” the FAA said in a statement. “These procedures call for fuel to be dumped over designated unpopulated areas, typically at higher altitudes so the fuel atomizes and disperses before it reaches the ground.”Delta Flight 89, a Boeing Co. 777-200ER, left Los Angeles International shortly after 11 a.m. local time en route to Shanghai. The plane experienced an engine problem shortly after takeoff that required it to return to the airport, Delta said in a statement.“The aircraft landed safely after an emergency fuel release to reduce landing weight,” the airline said, without providing further details.The jet climbed to 7,775 feet before it began to descend after less than three minutes in flight, according to Flightradar24, an aircraft tracking service. The entire flight lasted 24 minutes, Flightradar24 data showed.(Updates numbers and adds details in the second paragraph.)\--With assistance from Justin Bachman and Young-Sam Cho.To contact the reporter on this story: Mary Schlangenstein in Dallas at email@example.comTo contact the editors responsible for this story: Brendan Case at firstname.lastname@example.org, Susan Warren, Will DaviesFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Delta (DAL) delivered earnings and revenue surprises of 21.43% and 0.85%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
On Delta's Q4 2019 earnings call, CEO Ed Bastian talked about the advantages and disadvantages of Delta's aging fleet.
Fourth quarter earnings results from JPMorgan, Delta, and other giants, as well as rough Boeing numbers. Plus, why KB Home (KBH) is a Zacks Rank 1 (Strong Buy) stock right now...
Delta's robust earnings this morning has created positive sentiment for the broader airline industry, but we shouldn't get overly optimistic about the remaining earnings because much of the upside was Delta specific
(Bloomberg) -- Delta Air Lines Inc. pushed industry shares higher after reporting surprisingly strong fourth-quarter results spurred by robust domestic demand.Revenue from high-margin, business-cabin tickets and other premium products increased 9%, more than twice the pace of gains for coach fares, the carrier said in a statement Tuesday. Adjusted earnings came in at $1.70 a share, well above the $1.52 that was the highest estimate of analysts surveyed by Bloomberg.As the first major U.S. carrier to report results, Delta provided a lift for an industry that’s been squeezed by the grounding of Boeing Co.’s 737 Max since last March. Delta, which doesn’t fly the model, has picked up some passengers from rivals. Airlines will face a new risk later this year as the plane’s potential return to service threatens to crimp fares by increasing the total seat supply.While Delta didn’t issue an earnings forecast for the first quarter, elements of its report implied that profit could come in about $1.06 a share, according to Jamie Baker, an analyst at JPMorgan Chase & Co. That would exceed Wall Street’s expectations of 99 cents a share.“We view Delta’s guide as an encouraging start to the year, one that should potentially allay the pessimism of those forecasting low-end outcomes,” he said in a note to investors.The shares rose 4% to $61.88 at 12:08 p.m. in New York, after surging as much as 4.6% for the most intraday in nine months. Airlines were the second-best industry grouping in the S&P 500 Index.Delta is “well on track to deliver full-year earnings per share of $6.75 to $7.75 per share in 2020,” Chief Financial Officer Paul Jacobson said on a conference call to discuss results, reiterating a target the company introduced last month. The carrier is providing only a full-year outlook after dropping quarterly updates.Operating revenue rose 6.5% to $11.4 billion in the fourth quarter, while analysts expected $11.3 billion. In addition to strong ticket sales, Delta also cited lower fuel prices for its strong earnings as well as the December sale of a stake in Brazilian carrier Gol Linhas Aereas Inteligentes SA. The proceeds from the Gol stake added 9 cents a share to earnings.South AmericaDelta dramatically expanded its South American footprint when it agreed in September to buy a 20% stake in Latam Airlines Group SA. The U.S. carrier will include results from the investment in financial reports starting this quarter.“What we have seen has exceeded our expectations in the early days and we’re very optimistic that this is going to be a game changer for us in Latin America,” said Delta President Glen Hauenstein.In the U.S., the carrier is betting on continued gains in demand, and plans to pump money into its Atlanta, Minneapolis, Detroit and Salt Lake City hubs.Revenue for each seat flown a mile, a closely watched gauge of pricing power, will be flat to up 2% this quarter, Delta said.The cost of flying each seat a mile is expected to climb as much as 3% this quarter. That will mark the fourth straight quarterly increase for the benchmark measure of efficiency. The carrier has said the yardstick may rise a full percentage point more than its long-term annual goal of no more than 2%, fueled in part by higher salaries.To contact the reporter on this story: Mary Schlangenstein in Dallas at email@example.comTo contact the editors responsible for this story: Brendan Case at firstname.lastname@example.org, Tony RobinsonFor more articles like this, please visit us at bloomberg.com©2020 Bloomberg L.P.