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Recent Articles
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Delta Air Lines Restores Financial Guidance
Jul 12, 2025
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Image Source: TradingView.
Delta’s restoration of its financial guidance is positive as it relates to financial visibility, particularly with respect to the impact tariffs may have on consumer spending for travel. As noted in its commentary, fiscal 2025 earnings per share is targeted in the range of $5.25-$6.25, with free cash flow of $3-$4 billion and gross leverage less than 2.5x. Management noted that “demand trends stabilized at levels that are flat to last year” through the quarter and that it “continued to see resilience in (its) diverse, high-margin revenue streams.” For the September quarter, Delta expects total revenue to be flat to up 4% compared to the prior year. Non-fuel unit costs are expected to be the best performance of the year in the September quarter. Delta also upped its quarterly dividend 25% beginning in the September quarter. We like Delta’s enhanced visibility in restoring its guidance, though we think there are better opportunities on the market than airlines. Shares yield 1.3% at the time of this writing.
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Dividend Increases/Decreases for the Week of July 11
Jul 11, 2025
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Let's take a look at firms raising/lowering their dividends this week.
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Constellation Brands Maintains Comparable Earnings Per Share Outlook
Jul 5, 2025
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Image Source: Constellation Brands.
On July 1, beer, wine and spirits producer Constellation Brands reported disappointing first quarter fiscal 2026 results with revenue and non-GAAP earnings per share missing the consensus forecast. Comparable net sales dropped 6%, while comparable organic net sales fell 4%. Comparable operating income tumbled 11%, while comparable net income attributable to the company fell 12%. Comparable adjusted earnings before interest and taxes fell 13%, while comparable diluted net income per share dropped 10%, to $3.22. Shares yield 2.4% at the time of this writing.
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Dividend Increases/Decreases for the Week of July 4
Jul 4, 2025
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Let's take a look at firms raising/lowering their dividends this week.
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