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ATLANTA (AP) — ATLANTA (AP) — Delta Air Lines Inc. (DAL) on Friday reported fourth-quarter net income of $843 million.
The Atlanta-based company said it had profit of $1.29 per share. Earnings, adjusted for non-recurring costs and to extinguish debt, came to $1.85 per share.
The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.76 per share.
The airline posted revenue of $15.56 billion in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $14.99 billion.
For the current quarter ending in March, Delta expects its per-share earnings to range from 70 cents to $1.
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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