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.
For the current quarter ending in March, Delta expects its per-share earnings to range from 25 cents to 50 cents.
The company expects full-year earnings in the range of $6 to $7 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