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UPDATE: Delta Air Lines Posts Decline In Q4 Profit

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Delta Air Lines (NYSE: DAL) reported a drop in its fourth-quarter profit.

Delta Air Lines' quarterly profit declined to $7 million, or a penny per share, versus $425 million, or $0.50 per share, in the year-earlier quarter. Its adjusted profit came in at $0.28 per share.

Its revenue climbed 2% to $8.6 billion. However, analysts were expecting earnings of $0.27 per share on revenue of $8.59 billion.

Delta Air Lines shares closed at $13.61 on Friday.

Posted-In: profitEarnings News

 

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