Delta has not reported Q3 results yet. Expected growth and its earlier full-year profit forecast are weighed against record fuel costs and recent analyst target cuts, so the story does not change its outlook.
The results could show whether strong passenger demand is still covering Delta's fuel bills. Delta kept its full-year profit forecast after fuel expense jumped, but analysts have cut price targets. With Q3 results still ahead, these signs point in different directions.
American Airlines appears as a peer whose shares fell this year. Any boost from Delta depends on an unreleased report, so this story does not change American's outlook.
United Airlines appears as a peer whose shares fell this year. Any boost from Delta depends on an unreleased report, so this story does not change United's outlook.
Southwest Airlines appears as a peer whose shares fell this year. Any boost from Delta depends on an unreleased report, so this story does not change Southwest's outlook.
Delta is 11.3% of the airline fund, and a strong report could help the sector. But the report is not out, and the story also warns that rising oil prices hurt airlines.
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