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Delta Air Lines Inc Q2 adjusted earnings Beat Estimates


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(RTTNews.com) - Delta Air Lines Inc ( DAL ) released earnings for second quarter that decreased from the same period last year.

The company's profit totaled $1.03 billion, or $1.47 per share. This compares with $1.19 billion, or $1.62 per share, in last year's second quarter.

Excluding items, Delta Air Lines Inc reported adjusted earnings of $1.24 billion or $1.77 per share for the period.

Analysts had expected the company to earn $1.72 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 9.6% to $11.78 billion from $10.75 billion last year.

Delta Air Lines Inc earnings at a glance:


-Earnings (Q2): $1.24 Bln. vs. $1.16 Bln. last year.
-EPS (Q2): $1.77 vs. $1.59 last year.
-Analysts Estimate: $1.72
-Revenue (Q2): $11.78 Bln vs. $10.75 Bln last year.

<b>-Guidance</b>:

Next quarter EPS guidance: $1.65 - $1.85
Full year EPS guidance: $5.35 - $5.70

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Referenced Symbols: DAL ,


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