Delta Air Lines Reaffirms 2025 Earnings, Raises Q3 Revenue Outlook

Delta Air Lines has reaffirmed its earnings forecast for the third quarter and full year of 2025, projecting revenue growth of 2% to 4% for Q3, with expectations to hit the high end of this range due to improved demand trends and industry supply rationalization. The airline's adjusted earnings per share outlook remains between $1.25 and $1.75 for Q3 and $5.25 to $6.25 for the full year. This optimism follows a rebound in travel led by business and premium customers, which helped the company overcome earlier concerns about inflation and tariffs. Delta’s confidence in its financial outlook is supported by strong operational performance and a steady recovery in demand, despite some liquidity constraints and warning signs such as an Altman Z-Score indicating potential financial risk. Analysts rate Delta stock as a Buy with a $70 price target, noting the company’s effective cost management and strategic investments, although some caution is advised due to overbought technical indicators. Overall, Delta’s reaffirmed guidance signals resilience and adaptability in a competitive airline industry landscape amid easing trade uncertainties.