Delta Air Lines (DAL - Get Report) is expected to report net income of $1.5 billion, or $2.26 a share, on sales of $12.6 billion before the market opens on Thursday, based on a FactSet survey of 18 analysts.
In the same period a year ago, the company posted earnings of $1.80 a share on sales of $12 billion. It reported net income of $1 billion.
The company offered guidance of $2.10 to $2.40 a share at the time of its last earnings report on Jul. 11. Shares have fallen 11.6% since then.
Quarterly estimates have fallen less than 1 cent a share in the past month.
In the upcoming quarter analysts are forecasting net income of $968.3 million, or $1.51 a share, on sales of $11.3 billion.
Delta Air Lines is currently trading at a price-to-forward-earnings ratio of 7.4 based on the 12-month estimates of 20 analysts surveyed by FactSet.
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