• Rising fares push Delta past profit estimates

    2 monthes ago - By Reuters

    Delta Air Lines Inc topped estimates for quarterly profit and operating revenue Thursday as a rise in average fares trumped an almost 40 percent surge in fuel costs, pushing shares higher.
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  • Delta's guidance comes up short as rising fuel costs weigh

    Delta's guidance comes up short as rising fuel costs weigh

    2 monthes ago - By Business Insider

    Delta Air Lines beat on both the top and bottom lines.
    The airline's third-quarter and full-year earnings guidance missed Wall Street estimates as rising fuel costs weighed.
    Delta hiked its dividend 15%.
    Watch Delta Air Lines trade in real time here .
    Delta Air Lines reported better-than-expected second-quarter results Wednesday morning, but guided both third-quarter and full-year earnings below Wall Street estimates because of rising fuel costs. Shares were up about 1% in early trading on Thursday.
    The US's number two carrier earned an adjusted $1.77 a share on record revenue of $11.8...
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