Wall Street analysts expect Delta Air Lines to report first-quarter revenue of $14.82 billion and earnings per share of $0.64, as the stock trades near $67.18 against a consensus price target of $78.84.
Investors are primarily focused on how surging jet fuel prices, which spiked over 50% in March following geopolitical tensions in the Middle East, will impact bottom-line margins.
Despite these significant cost pressures, Delta recently raised its revenue outlook to high-single-digit growth, citing resilient corporate and premium demand. Analysts will also monitor non-fuel unit costs, which are projected to rise slightly to 14.37 cents this quarter.