Delta: Q3 Earnings Snapshot
By AP News
Published - Oct 10, 2024, 06:39 AM ET
Last Updated - Dec 16, 2024, 06:28 PM EST
ATLANTA (AP) — ATLANTA (AP) — Delta Air Lines Inc. (DAL) on Thursday reported third-quarter net income of $1.27 billion.
On a per-share basis, the Atlanta-based company said it had net income of $1.97. Earnings, adjusted for non-recurring gains, came to $1.50 per share.
The results fell short of Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.56 per share.
The airline posted revenue of $15.68 billion in the period, beating Street forecasts. Six analysts surveyed by Zacks expected $15.37 billion.