Delta Shares Drop 4.4% despite Positive 2025 Earnings Outlook

On September 11, 2025, Delta Air Lines shares dropped approximately 4.4 percent in morning trading.

At the Morgan Stanley Conference held earlier the same day, the company reaffirmed its full-year earnings guidance and tightened its third-quarter revenue forecast to a 2 to 4 percent increase year over year.

Delta’s President Glen Hauenstein and Vice President of Investor Relations Julie Stewart engaged with investors, highlighting factors shaping the company’s outlook for the rest of 2025.

They emphasized strong demand growth in premium cabins, which now generate over 50 percent of Delta’s revenue, alongside challenges filling economy-class seats, especially on domestic routes.

The sharp decline in Delta’s stock contrasted with broader gains across other airline shares, which rose between 0.5 and 1.5 percent, with some, like Frontier Airlines, gaining over 5 percent.

Delta reaffirmed its full-year earnings per share (EPS) guidance of $5.25 to $6.25 for 2025 and third-quarter EPS between $1.25 and $1.75.

The airline is focusing on debt reduction and capacity management to navigate ongoing uncertainties.

Recently, Delta announced new services for the summer of 2026, introducing two routes from Los Angeles International Airport (LAX) and four routes from Boston to Europe.

Photo by Nick Morales on Unsplash