B Of A analyst revised estimates for Delta Air Lines, Inc. following its Q1 results, with operating revenue growth of 2% and adjusted EPS of $0.46. Delta is not reaffirming its FY25 guidance and plans to provide an update later in the year. Analyst predicts flat capacity in H2 and lowers revenue growth forecast. EPS estimate for 2025 reduced to $5.20. Buy rating with price forecast of $56.
MIAMI, April 10, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of ETF Series Solutions, upon recommendations from Defiance ETFs, LLC, the investment adviser to the Defiance Hotel, Airline, and Cruise ETF (CRUZ) and the Defiance Next Gen H2 ETF (HDRO) (each, a “Fund,” and together, the “Funds”), has determined to close and liquidate the Funds immediately after the close of business on April 29, 2025. Shares of the Funds are listed on the New York Stock Exchange (NYSE).
Cruise operators, including Carnival, Royal Caribbean Group (RCL), and Norwegian Cruise Line Holdings (NCLH), reported broadly strong revenue and profit growth last year, driven by robust demand and higher pricing.
BofA Securities analyst raised estimates for Delta Air Lines ahead of Q4 earnings release, with projected EPS of $1.78, and expects 2025 EPS to be $7-$8.
Royal Caribbean reports mixed Q3 results with revenue of $4.89B (missing consensus) and adjusted EPS of $5.20 (above consensus); sees Q4 net yields increase and adjusted EPS below estimate. Goldman Sachs analyst says fundamentals remain strong with anticipated demand for 2025, long-term estimates may rise.
Ryanair Holdings reported lower Q1 FY25 results with revenue down 1% and net profit down 46%. They expect traffic to grow by 8% for FY25. The company now anticipates second-quarter fares to be notably lower than last summer.
Value investors are turning to the travel and leisure industry for potential growth and discounted valuations, as travel stocks catch up to the broader market.
