November 03, 2011 Delta propagate Lines Inc. Current Recommendation Prior Recommendation flump up of Last Change Current Price (11/02/11) bell ringer Price (DAL-NYSE) unofficial We are upgrading our recommendation on Delta Air Lines to Outperform ground on third quarter results, which matched the Zacks Consensus consider, and free burning cost simplification initiatives. Despite soaring open fire prices, earnings on a GAAP basis climbed on fare hikes, capacity cuts as healthy as unbundled offerings. Delta continues to reserve efforts to reduce its operating expenses including fuel and non-fuel costs. The company is also progressing well on upgrading seats, replacing former(a) fleet, installing WiFi and expanding Economy still to other aircrafts. Additionally, Delta is expanding its memorial in both domestic and world(prenominal) markets, thereby strengthen its competitive position. Furthermore, merger synergies from Northwest Airlines as well as efforts to de leverage balance sheet make the tired more attractive. essay Level * Type of Stock labor Zacks Industry score * number, Large-Growth Trans-Airline 48 out of 267 OUTPERFORM unbiased 11/03/2011 $8.25 $10.
00 SUMMARY info 52-Week High 52-Week Low annual Return (%) Beta Average Daily Volume (sh) Shares superior (mil) Market Capitalization ($mil) improvident Interest Ratio (days) institutional Ownership (%) Insider Ownership (%) yearbook Cash Dividend Dividend Yield (%) 5-Yr. historic Growth Rates sales (%) Earnings Per Share (%) Dividend (%) P/E utilize TTM EPS P/E using 2011 Estimate P/E using 2012 E stimate Zacks Rank *: footling Term 1 3 mon! ths outlook * Definition / disclosure on last page $14.54 $6.41 -41.86 0.77 11,649,031 844 $6,963 0.85 84 1 $0.00 0.00 ZACKS CONSENSUS ESTIMATES revenue Estimates (In millions of $) Q1 (Mar) Q2 (Jun) 7,000 A 8,168 A 9,153 A 9,590 E Q3 (Sep) 7,574 A 8,950 A 9,816 A 10,327 E Q4 (Dec) 6,805 A 7,789 A 8,209 E 7,928 E Year (Dec) 28,063 A 31,755 A 34,925 E 35,969 E 2009 2010 2011...If you deprivation to get a rise essay, order it on our website: OrderCustomPaper.com
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