ATLANTA — Delta Air Lines Inc. on Thursday reported a first-quarter net income of $547 million.<\/p>\n
On a per-share basis, the Atlanta-based company said it had net income of 77 cents. Earnings, adjusted for non-recurring gains, came to 74 cents per share.<\/p>\n
The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 73 cents per share.<\/p>\n
The airline posted revenue of $9.97 billion in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $9.88 billion.<\/p>\n
Delta shares have dropped 8 per cent since the beginning of the year, while the Standard & Poor’s 500 index has declined 1 per cent. The stock has increased 14 per cent in the last 12 months.<\/p>\n
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This story was generated by Automated Insights (http:\/\/automatedinsights.com\/ap<\/a>) using data from Zacks Investment Research. Access a Zacks stock report on DAL at https:\/\/www.zacks.com\/ap\/DAL<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" ATLANTA — Delta Air Lines Inc. on Thursday reported a first-quarter net income of $547 million. On a per-share basis, the Atlanta-based company said it had net income of 77 cents. Earnings, adjusted for non-recurring gains, came to 74 cents per share. The results topped Wall Street expectations. The average estimate of nine analysts surveyed […]<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/4971"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/578"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=4971"}],"version-history":[{"count":1,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/4971\/revisions"}],"predecessor-version":[{"id":4973,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/4971\/revisions\/4973"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=4971"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=4971"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=4971"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}