Market Overview

UPDATE: Delta Air Lines Posts Decline In Q4 Profit

Share:
Related DAL
The Week Ahead: The Year's Biggest Biotech Conference, Host Of IPO Quiet Period Expirations, And Other Coming Catalysts
Barron's Looks Ahead To 2018
Stocks to watch next week (Seeking Alpha)

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

 

Related Articles (DAL)

View Comments and Join the Discussion!