Delta: Q4 Earnings Snapshot
By AP News
Published - Jan 12, 2024, 06:39 AM ET
Last Updated - Jan 12, 2024, 06:39 AM EST
ATLANTA (AP) — ATLANTA (AP) — Delta Air Lines Inc. (DAL) on Friday reported fourth-quarter earnings of $2.04 billion.
On a per-share basis, the Atlanta-based company said it had net income of $3.16. Earnings, adjusted for non-recurring gains, were $1.28 per share.
The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.17 per share.
The airline posted revenue of $14.22 billion in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $14.07 billion.
