ATLANTA (AP) — ATLANTA (AP) — Delta Air Lines Inc. (DAL) on Tuesday reported fourth-quarter earnings of $1.22 billion.
The Atlanta-based company said it had net income of $1.86 per share. Earnings, adjusted for non-recurring gains, came to $1.55 per share.
The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.53 per share.
The airline posted revenue of $16 billion in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $15.63 billion.
For the current quarter ending in March, Delta expects its per-share earnings to range from 50 cents to 90 cents.
The company expects full-year earnings in the range of $6.50 to $7.50 per share.
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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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