Delta Air Lines (DAL) fourth-quarter earnings were in line with expectations Thursday.
Earnings: Net income fell to $622MM compared to $980MM an EPS of 82 cents, $1.25 per share during 4Q15, as expected but a 31% drop from last year. Revenue was $9.46 billion above $9.41 expected. Unit revenue fell 2.7% vs. a year earlier, better than guidance of -3% to 5%.
Reaction: Delta Air Lines, Inc. NYSE: DAL Jan 12, 11:14 AM EST 49.74 -1.70 -3.30%
Delta Airlines Upbeat on Outlook But Cautions on Rising Fuel Costs http://traderscommunity.com/forum/index.php?topic=1053.0