Wed, Oct 13, 2021 7:35 AM
ATLANTA (AP) _ Delta Air Lines Inc. (DAL) on Wednesday reported third-quarter net income of $1.21 billion, after reporting a loss in the same period a year earlier.
The Atlanta-based company said it had net income of $1.89 per share. Earnings, adjusted for one-time gains and costs, came to 30 cents per share.
The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 15 cents per share.
The airline posted revenue of $9.15 billion in the period, also surpassing Street forecasts. Seven analysts surveyed by Zacks expected $8.37 billion.