ATLANTA (AP) 鈥� ATLANTA (AP) 鈥� Delta Air Lines Inc. (DAL) on Friday reported second-quarter profit of $1.6 billion.
The Atlanta-based company said it had net income of $2.44 per share. Earnings, adjusted for non-recurring gains, were $1.56 per share.
The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.51 per share.
The airline posted revenue of $19.76 billion in the period. Its adjusted revenue was $17.67 billion, which did not meet Street forecasts. Six analysts surveyed by Zacks expected $17.76 billion.
For the current quarter ending in September, Delta expects its per-share earnings to range from $2 to $2.50.
The company expects full-year earnings in the range of $6.50 to $7.50 per share.
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