
The third-quarter earnings season is about to begin this week, with Delta Air Lines (DAL) scheduled to report its Q3 results before the market opens this Thursday, Oct. 10.
Valued at $31.9 billion by market cap, Delta Air Lines is the largest commercial airline company in the world, and market participants will closely watch its upcoming results. While the company is on track to report record sales in 2024, DAL stock still trades 22% below all-time highs. Delta’s lower profit margins and cash flows are major reasons for this underperformance.