Delta Air Lines (DAL) is holding firm ahead of its Q4 earnings report on January 13, 2026, which will kick off the airline sector's earnings season and serve as a key test for the health of global travel demand.

  • Consensus estimates point to Q4 EPS around $1.55 on revenue between $15.4 and $15.8 billion.
  • Results are expected to include a notable $200 million pre-tax profit hit stemming from the late-2025 U.S. government shutdown, with rising labor costs now exceeding fuel as the largest expense.
  • The stock closed at $72.31 and has recently outperformed the S&P 500; analysts will focus heavily on margin trends and management guidance on corporate and international travel.