Atlanta, Georgia-based Delta Air Lines, Inc. (DAL) provides scheduled air transportation for passengers and cargo. With a market cap of $31.5 billion, the global airline leader offers flight status information, bookings, baggage handling, and other related services. The global airline leader is expected to announce its fiscal second-quarter earnings for 2025 before the market opens on Thursday, Jul. 10.

Ahead of the event, analysts expect DAL to report a profit of $1.92 per share on a diluted basis, down 18.6% from $2.36 per share in the year-ago quarter. The company beat the consensus estimates in two of the last four quarters while missing the forecast on two other occasions. 

For the full year, analysts expect DAL to report EPS of $5.08, down 17.5% from $6.16 in fiscal 2024. However, its EPS is expected to rise 28.7% year over year to $6.54 in fiscal 2026. 

DAL stock has underperformed the S&P 500 Index’s ($SPX) 12.1% gains over the past 52 weeks, with shares up 1.6% during this period. Similarly, it underperformed the Industrial Select Sector SPDR Fund’s (XLI) 19.4% gains over the same time frame.

Delta's performance has been hindered by economic uncertainty and trade conflicts, which have dampened the travel market. As a result, the airline is scaling back its capacity growth plans to match supply with weaker demand.

On Apr. 9, DAL shares closed up more than 23% after reporting its Q1 results. Its adjusted EPS of $0.46 surpassed Wall Street expectations of $0.40. The company’s revenue was $14 billion, exceeding Wall Street forecasts of $13.8 billion. DAL expects Q2 adjusted EPS in the range of $1.70 to $2.30.

Analysts’ consensus opinion on DAL stock is bullish, with a “Strong Buy” rating overall. Out of 21 analysts covering the stock, 19 advise a “Strong Buy” rating, and two give a “Hold.” DAL’s average analyst price target is $61.91, indicating a potential upside of 26.4% from the current levels.