The bumpy ride for Delta Air Lines Inc. (NYSE: DAL) may likely continue. In its Q3 2026 earnings report, the company just pulled back its full-year profit guidance by more than a dollar per share at the midpoint.
This is one of the largest single-quarter cuts to earnings guidance that the company has ever made. The primary reason for the cautious approach from Delta management is the high cost of fuel, largely tied to turmoil in the Middle East and disrupted global trade.