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Delta: Q2 Earnings Snapshot

Associated Press Finance
·1-min read

ATLANTA (AP) — ATLANTA (AP) — Delta Air Lines Inc. (DAL) on Thursday reported second-quarter earnings of $1.31 billion.

The Atlanta-based company said it had net income of $2.01 per share. Earnings, adjusted for one-time gains and costs, were $2.36 per share.

The results did not meet Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $2.37 per share.

The airline posted revenue of $16.66 billion in the period, which topped Street forecasts. Six analysts surveyed by Zacks expected $16.25 billion.

For the current quarter ending in September, Delta expects its per-share earnings to range from $1.70 to $2.

The company expects full-year earnings in the range of $6 to $7 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DAL at https://www.zacks.com/ap/DAL