DAL Q3 Earnings Miss Estimates as Higher Fuel Costs Hurt Margins

Delta Air Lines reported Q3 2026 earnings of $1.72 per share, missing estimates by 4.44% as fuel costs surged 62%. While adjusted revenues climbed 16% to $17.59 billion driven by strong passenger demand and premium sales, the company cut its full-year 2026 EPS outlook to $5.10-$5.60 from $6.50-$7.50 due to elevated fuel prices and rising non-fuel expenses.