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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Delta Air Lines Inc | NYSE:DAL | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.62 | 1.21% | 51.65 | 51.65 | 50.82 | 51.36 | 9,165,951 | 00:59:34 |
From May 2019 to May 2024
Delta Air Lines Inc. said its fourth-quarter earnings soared on a $8 billion gain related to the reversal of a tax-valuation allowance.
Delta reported a profit of $8.48 billion, or $9.89 a share, up from $7 million, or a penny a share, a year earlier. Excluding the tax benefit, restructuring-related charges and other items, adjusted earnings were 65 cents. Revenue increased 5.5% to $9.08 billion.
Analysts polled by Thomson Reuters expected per-share profit of 63 cents and revenue of $9.04 billion.
The Atlanta-based carrier said it expects to increase capacity by 2% to 3% in the current quarter.
Passenger unit revenue--a key measure of performance for the airline industry--rose 6.1%. Traffic increased 2% on a 2.9% increase in capacity.
Write to Tess Stynes at tess.stynes@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
1 Year Delta Air Lines Chart |
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