Global airline Delta Air Lines (NYSE:DAL) is set to report earnings, with last quarter’s revenue exceeding expectations by 3.8% at $16.67 billion, up 6.4% year on year. Analysts expect revenue growth of 1.4% this quarter to $15.78 billion, with adjusted earnings projected at $1.55 per share. Delta has a history of beating revenue estimates and is up 1.7% heading into earnings. Peers like Carnival and Nike have already reported Q4 results, with Carnival missing revenue expectations by 0.6% and Nike exceeding estimates by 1.7%. Investor sentiment in the consumer discretionary segment is positive, with share prices up 3% on average.

Read more at StockStory: Delta (DAL) Reports Earnings Tomorrow: What To Expect