UPDATE: Delta Air Lines Posts Upbeat Q1 Profit

Delta Air Lines DAL reported a rise in its first-quarter profit. Delta's quarterly profit gained to $213 million, or $0.25 per share, compared to a year-earlier profit of $7 million, or $0.01 per share. Its adjusted earnings came in at $0.33 per share. Its total operating revenue climbed 5% to $8.92 billion. However, analysts were projecting earnings of $0.29 per share on revenue of $10.31 billion. Delta shares gained 2.29% to $35.75 in pre-market trading.