StocksMedium•9 October 2026•
1 min read
Delta Air Lines Cuts 2026 Profit Outlook as Fuel Costs Surge
Key Facts
1Delta Air Lines lowered its full-year adjusted earnings forecast to a range of $5.10 to $5.60 per share.
2Adjusted third-quarter earnings came in at $1.72 per share, missing the Bloomberg consensus estimate of $1.82.
3Delta shares fell as much as 3.5% following the announcement of the outlook cut due to margin pressure.
Delta Air Lines lowered its full-year 2026 adjusted earnings forecast to a range of $5.10 to $5.60 per share, down from its previous guidance of $6.50 to $7.50. ZeroHedge reported that adjusted third-quarter earnings came in at $1.72 per share, missing the consensus estimate of $1.82, which triggered a decline in the company's shares of as much as 3.5% following the announcement.
CEO Ed Bastian attributed the revised outlook to soaring jet fuel prices that have squeezed profit margins despite a 16% rise in adjusted revenue. Shares of DAL closed at $82.14 on October 8, 2026, after trading between a session high of $82.87 and a low of $80.94.