UPDATE: Delta Air Reports Higher Q3 Profit

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Delta Air Lines
DAL
reported an increase in its third-quarter profit. Delta Air's quarterly profit surged to $1.37 billion, or $1.59 per share, from $1.05 billion, or $1.23 per share, in the year-ago period. Excluding special items, it earned $1.41 per share. Its revenue surged 6% to $10.49 billion. However, analysts were expecting earnings of $1.36 per share on revenue of $10.47 billion. Delta Air's passenger revenue climbed 6.7% to $9.3 billion. Delta Air shares gained 5.23% to $25.98 in pre-market trading.
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Posted In: EarningsNewsprofit
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