Investing.com - Delta Air Lines (NYSE:DAL) reported second quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $2.35 on revenue of $12.5B. Analysts polled by Investing.com expected EPS of $2.21 on revenue of $12.43B. That compared to EPS of $1.77 on revenue of $11.78B in the same period a year earlier. The company had reported EPS of $0.96 on revenue of $10.42B in the previous quarter.
Delta Air Lines shares lost 0.23% to trade at $60.00 in after-hours trade following the report.
For the year, Delta Air Lines shares are up 20.52%, under-performing the S&P 500 which is up 21.11% year to date.
Delta Air Lines follows other major Transportation sector earnings this month
On June 25, FedEx reported fourth quarter EPS of $5.01 on revenue of $17.8B, compared to forecasts of EPS of $4.85 on revenue of $17.8B.
Greenbrier earnings missed analyst's expectations on July 2, with third quarter EPS of $0.89 on revenue of $856.15M. Investing.com analysts expected EPS of $0.96 on revenue of $863.24M
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