Delta Air Lines (DAL) is set to report fiscal 2025 first-quarter results before the opening bell Wednesday as analysts have 澳洲幸运5开奖号码历史查询:grown more cautious about air travel demand amid 澳洲幸运5开奖号码历史查询:rising economic uncertainty.

Analysts are largely still bullish on Delta's stock, with nine "buy" and one "hold" rating held by the analysts tracked by Visible Alpha. However, that's down from all 13 analysts with a "buy" 澳洲幸运5开奖号码历史查询:rating last quarter, an𝓡d the average price target for Delta has also declined to $67.30 from $76.85 prior to last quarter's report.

That consensus target has fallen as Delta shares have tumbled 46% to $37.25 through Friday from a record closing high of $69.06 in early February, including a nearly 11% drop during 澳洲幸运5开奖号码历史查询:Thursday's tariff-fueled sell-off.

For its March quarter, Delta is projected to report adjusted 澳洲幸运5开奖号码历史查询:earnings per share (EPS) of $0.41, down 4 cents year-over-year, on revenue of $13.90 billion, up 1% from 澳洲幸运5开奖号码历史查询:a year ago, per Visible Alpha.

Analysts Expect Challangin🃏g Earnings Season Am♌id Uncertainty

Last quarter, 澳洲幸运5开奖号码历史查询:Delta topped estimates and CEO Ed Bastian said the carrier expected consumer demand for travel and 澳洲幸运5开奖号码历史查询:"premium products and experiences" to continue into 2025. However, consumer 澳洲幸运5开奖号码历史查询:sentiment has worsened during Q1, leading Delta and 澳洲幸运5开奖号码历史查询:other airlines to trim their outlooks.

"There is no place to hide from softening demand trends, and we expect a 1Q25 earnings season characterized by weak 2Q25 outlooks and lower 2025 earnings guidance," Bank of America analysts wrote Thursday. "The stocks have anticipated this, and we believe airlines should be conservative in outlooks given the uncertainty."

The analysts cut their price target for Delta to $56 from $65, also trimming their targets for rivals United Airlines (UAL) and American Airlines (AAL), among others. They said they expect Delta to kick off the quarterly earnings season by lowering full-year profit forecasts, with other airlines possibly following.