Accessed Jan. 13, 2022.

These include white papers, government data, original reporting, and interviews with industry experts. This quarter's slip to 78% illustrates that the recovery in travel demand has slowed and still has some ways to go before the Delta's load factor can return to pre-pandemic levels of more than 85%. By clicking Accept All Cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. We've updated our Privacy Policy, which will go in to effect on September 1, 2022. Learn about EPS estimates and forecasts. He is an expert on company news, market news, political news, trading news, investing, and the economy. The airline's load factor slightly missed analyst expectations. Delta Air Lines Announces December Quarter and Full Year 2021 Financial Results. Delta's revenue also surpassed analyst estimates, up 138.4% year over year (YOY). Retained earnings are a firm's cumulative net earnings or profit after accounting for dividends. 13, 2022. Delta'sload factorwas 78% for the fourth quarter, up YOY but down slightly from the previous quarter. TradingView. Accessed Jan. 13, 2022. Investopedia requires writers to use primary sources to support their work. We also reference original research from other reputable publishers where appropriate. Higher load factors mean an airline's fixed costs are spread across a greater number of passengers, making the airline more profitable. However, revenue is still below what it was in Q4 FY 2019, before the start of the pandemic.

This compensation may impact how and where listings appear. The company expects to report a loss in Q1 FY 2022. Key performance indicators (KPIs) are quantifiable measures that gauge a company's performance against a set of targets, objectives, or industry peers. Year-over-year (YOY) describes how investors can see a difference in financials or information of a company between comparable quarters or years. You can learn more about the standards we follow in producing accurate, unbiased content in our. Accessed Jan. 13, 2022. Over the past year, Delta's shares have provided atotal returnof 0.8%, well below the S&P 500's total return of 24.3%. "Financial Data." Delta Air lines reportedQ4 FY 2021 earningsthat beat analysts' consensus estimates. Delta Air Lines Inc. "Delta Air Lines Announces December Quarter and Full Year 2021 Financial Results," Page 7. An analyst expectation is a report indicating how a company's stock might perform in the coming quarter. SNAP, which is often referred to as the food stamps program, has been helping people whose incomes are below the federal poverty threshold purchase food since 1961. "Price Chart: DAL and S&P 500." Adjustedearnings per share(EPS) came in above analyst forecasts and were positive for the second consecutive quarter after a string of six straight quarterly adjusted losses per share since the start of the COVID-19 pandemic. Matthew Johnston has more than 5 years writing content for Investopedia. However, Delta also added that it expects pent-up demand for consumer and business travel to result in a strong spring and summer travel season, and the airline anticipates healthy profits in the final three quarters of the year. Delta Air Lines Q1 2022 Earnings Report Recap, Delta Air Lines Earnings: What to Look For, United Airlines Earnings: What to Look For, United Airlines Q1 2022 Earnings Report Recap, American Airlines Earnings: What to Look For, American Airlines Q4 2021 Earnings Report Recap. Investopedia does not include all offers available in the marketplace. Load factor is a key metric indicating the percentage of a carrier's available seats that are filled with paying passengers. A high load factor, as opposed to a low load factor, indicates that a high percentage of seats are occupied by passengers. Travel demand has continued to recover after it was decimated last year amid the pandemic. Accessed Jan. 13, 2022. Delta Air Lines Inc. "Delta Air Lines Announces December Quarter and Full Year 2021 Financial Results," Page 9. Visible Alpha. Delta Air Lines (DAL) Financial Results: Analysis, Understanding Key Performance Indicators (KPIs), Supplemental Nutrition Assistance Program (SNAP). Because the costs of sending an aircraft into flight are relatively the same whether there are 50 people aboard or 100, airlines have a strong incentive to fill as many seats as possible by selling more tickets. They're also referred to as the earnings surplus. Delta's load factor came in slightly below analysts' expectations. He received his bachelor's degree in interdisciplinary studies fromSt. Stephen's Universityand his master's degree in economics at The New School for Social Research. Delta Air Lines Inc. "Delta Air Lines Announces December Quarter and Full Year 2021 Financial Results," Page 1. Accessed Jan. 13, 2022. The airline said in its earnings press release that the fast-spreading omicron variant of the coronavirus had disrupted travel across the industry during the quarter and is expected to continue affecting demand early in the first quarter of FY 2022. Delta's load factor gradually increased from a low point of 34.2% in Q2 FY 2020 to a recent high of 79.6% in Q3 FY 2021. Accessed Jan. 13, 2022. Accessed Jan. 13, 2022. Delta's next earnings report (for Q1 FY 2022) is expected to be released on Apr. Load factor is a key metric showing the percentage of a carrier's available seats that are filled with paying passengers. Delta expects to report a loss in Q1 FY 2022 as the omicron variant of the coronavirus disrupts the travel industry. He teaches macroeconomics at St. Stephen's University. The offers that appear in this table are from partnerships from which Investopedia receives compensation. Source: Predictions based on analysts' consensus fromVisible Alpha. Yahoo! Finance. Delta Air Lines Inc. "Delta Air Lines Announces December Quarter and Full Year 2021 Financial Results," Pages 1-3. "Earnings Calendar: DAL." The company's shares were up 2% in pre-market trading. A Revenue Passenger Mile is a transportation industry metric that shows the number of miles traveled by paying passengers.