ATLANTA (AP) — Delta is reporting a 30% profit surge from the first quarter and its outlook for the current quarter is pushing company shares higher before the opening bell.
The Atlanta carrier on Wednesday posted first-quarter net income of 30 million, or .09 per share. Earnings, adjusted for non-recurring gains, came to 96 cents per share, which is 6 cents better than Wall Street had expected, according to a survey by Zacks Investment Research.
Revenue was also surprisingly good, rising 5% to 0.47 billion.
Shares of Delta Air Lines Inc. are up more than 1%.
Portions of this story were 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