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.
For the current quarter ending in December, Delta expects its per-share earnings to range from $1.60 to $1.85.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DAL at https://www.zacks.com/ap/DAL
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