Delta Air Lines is trading at $78.41, down 4.54%, after cutting its 2026 profit outlook.

  • The October 9 report cited adjusted fuel prices up 60% year over year, non-fuel unit costs up 7.3%, and a 9.4% adjusted operating margin, below the 12.0% estimate.
  • 2026 adjusted EPS guidance was cut to $5.10–$5.60 from $6.50–$7.50; the free-cash-flow outlook fell to $2.5 billion. The earnings release is scheduled before market open, making results and guidance a catalyst for the pre-market decline.