Loading...
Loading...
Air Lines
DAL today reported financial results for the December 2011 quarter. Key points include:
Delta's net income for the December 2011 quarter was $379 million, or $0.45 per diluted share, excluding special items(. This is a $221 million improvement year over year.
Delta's net income for 2011 was $1.2 billion, excluding special items, as the company offset $3 billion higher fuel expense through strong revenue performance and its fuel hedging program.
Delta's GAAP net income was $425 million, or $0.50 per diluted share, for the December 2011 quarter and $854 million for 2011.
2011 results include $264 million in profit sharing expense, including $89 million in the December quarter, recognizing Delta employees' contributions toward meeting the company's operating and financial goals.
Delta's adjusted net debt at the end of 2011 was $12.9 billion, a $4.1 billion reduction from 2009.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in